Business, 25.01.2021 21:00 kseniyayakimno
Slapshot Company makes ice hockey sticks. During the month of June, 1,900 sticks were completed at a cost of goods manufactured of $437,000. Suppose that on June 1, Slapshot had 350 units in finished goods inventory costing $80,000 and on June 30, 370 units in finished goods inventory costing $84,000.
1. Prepare a cost of goods sold statement for the month of June.
Slapshot Company
Cost of Goods Sold Statement
For the Month of June
*Cost of goods sold
*Cost of goods Inventory, June 1
*Finished goods inventory June 30
*Work In process, June 1
___*___ $
___*___
___*__
__* $
2. Calculate the number of sticks that were sold during June.
units
Answers: 2
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Slapshot Company makes ice hockey sticks. During the month of June, 1,900 sticks were completed at a...
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