Cost of Goods ManufacturedSlapshot Company makes ice hockey sticks. During the month of June, the company purchased $128,000 of materials. Also during themonth of June, Slapshot Company incurred direct labor cost of $172,000 and manufacturing overhead of $232,000. Inventory Informationis as follows:MaterialsWork in processRequired:June 1$48,00065,000June 30$45,00063,0001. Calculate the cost of goods manufactured for the month of June.663,000 X2. Calculate the cost of one hockey stick assuming that 1,900 sticks were completed during June. Round your answer to the nearest cent.348.95 X per hockey stick

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Description: Cost of Goods ManufacturedSlapshot Company makes ice hockey sticks. During the month of June, the company purchased $128,000 of materials. Also during themonth of June, Slapshot Company incurred direct labor cost of $172,000 and manufacturing overhe

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Slapshot Company makes ice hockey sticks. During the month of June, the company purchased $128,000 of materials. Also during the month of June, Slapshot Company incurred direct labor cost of $172,000 and manufacturing overhead of $232,000. Inventory information is as follows:

Slapshot Company makes ice hockey sticks. During the month of June, the company purchased $128,000 of materials. Also during the month of June, Slapshot Company incurred direct labor cost of $172,000 and manufacturing overhead of $232,000. Inventory information is as follows:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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