Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I need help with the second one I got wrong Cost of Goods Manufactured Slapshot Company makes ice hockey sticks. During the month of June,
I need help with the second one I got wrong
Cost of Goods Manufactured Slapshot Company makes ice hockey sticks. During the month of June, the company purchased $125,000 of materials. Also during the month of June, Slapshot Company incurred direct labor cost of $177,000 and manufacturing overhead of $237,000. Inventory information is as follows: June 1 June 30 Materials $48,000 $45,000 Work in process 65,000 63,000 Required: 1. Calculate the cost of goods manufactured for the month of June. 544,000 2. Calculate the cost of one hockey stick assuming that 1,900 sticks were completed during June. Round your answer to the nearest cent. 286 x per hockey stickStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started