Question

Slapshot Company makes ice hockey sticks. During the month of June, 18,000 sticks were completed at a cost of goods manufactured of $486,000. Suppose that on June 1, Slapshot had 5,000 units in finished goods inventory costing $160,000 and on June 30, 7,000 units in finished goods inventory costing $215,000.

Required:
1. Prepare a cost of goods sold statement for the month of June.
2. Calculate the number of sticks that were sold during June.


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  • CreatedSeptember 22, 2015
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