Slapshot Company makes ice hockey sticks. During the month of June, the company purchased $122,000 of materials. Also during the month of June, Slapshot Company incurred direct labor cost of $171,000 and manufacturing overhead of $245,000. Inventory information is as follows:

June1
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. $

2. Calculate the cost of one hockey stick assuming that 18,000 sticks were completed during June. Round your answer to the nearest cent. $ ______per hockey stick