Slapshot Company makes ice hockey sticks. During the month of June, the company purchased $180,000 of materials.
Question:
Slapshot Company makes ice hockey sticks. During the month of June, the company purchased $180,000 of materials. Also during the month of June, Slapshot Company incurred direct labor cost of $165,000 and manufacturing overhead of $215,000. Inventory information is as follows:
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Required:
Calculate the cost of goods manufactured for the month of June. Calculate the cost of one hockey stick assuming that 18,000 sticks were completed duringJune.
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Direct materials 171000 Direct labor 165000 Manufac...View the full answer
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Related Book For 
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
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