Question
Slapshot Company makes ice hockey sticks. During the month of June, the company purchased $127,000 of materials. Also during the month of June, Slapshot Company
Slapshot Company makes ice hockey sticks. During the month of June, the company purchased $127,000 of materials. Also during the month of June, Slapshot Company incurred direct labor cost of $171,000 and manufacturing overhead of $222,000. Inventory information is as follows:
June 1 June 30
Materials $48,000 $45,000
Work in process 65,000 63,000
1. Calculate the cost of goods manufactured for the month of June. _____
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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