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Slapshot Company makes ice hockey sticks. During the month of June, the company purchased $121,000 of materials. Also during the month of June, Slapshot Company
Slapshot Company makes ice hockey sticks. During the month of June, the company purchased $121,000 of materials. Also during the month of June, Slapshot Company incurred direct labor cost of $178,000 and manufacturing overhead of $224,000. Inventory information is as follows: Materials Work in process Required: June 1 $48,000 65,000 June 30 $45,000 63,000 1. Calculate the cost of goods manufactured for the month of June. $ X 2. Calculate the cost of one hockey stick assuming that 1,900 sticks were completed during June. Round your answer to the nearest cent. per hockey stick
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