Question
Slapshot Company makes ice hockey sticks. During the month of June, 1,900 sticks were completed at a cost of goods manufactured of $437,000. Suppose that
Slapshot Company makes ice hockey sticks. During the month of June, 1,900 sticks were completed at a cost of goods manufactured of $437,000. Suppose that on June 1, Slapshot had 350 units in finished goods inventory costing $80,000 and on June 30, 370 units in finished goods inventory costing $84,000.
Question Content Area
1. Prepare a cost of goods sold statement for the month of June.
Cost of goods manufacturedCost of goods soldCost of goods inventory, June 1Work in process, June 1 | $- Select - |
Cost of goods soldCost of goods inventory, June 1Finished goods inventory, June 1Work in process, June 1 | - Select - |
Cost of goods soldCost of goods inventory, June 1Finished goods inventory, June 30Work in process, June 1 | - Select - |
Cost of goods manufacturedCost of goods soldFinished goods inventory, June 1Finished goods inventory, June 30 | $- Select - |
Question Content Area
2. Calculate the number of sticks that were sold during June. fill in the blank 20b902facfac01b_1 units
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