Slapshot Company makes ice hockey sticks. During the month of June, 18,000 sticks were completed at a

Question:

Slapshot Company makes ice hockey sticks. During the month of June, 18,000 sticks were completed at a cost of goods manufactured of $540,000. 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:
Prepare a cost of goods sold statement for the month of June. Calculate the number of sticks that were sold during June.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: