Suppose that on june 1 slapshot had 5300 units in finished


Question - Slapshot Company makes ice hockey sticks. During the month of June, 18,000 sticks were completed at a cost of goods manufactured of $509,000. Suppose that on June 1, Slapshot had 5,300 units in finished goods inventory costing $160,000 and on June 30, 7,000 units in finished goods inventory costing $215,000.

Cost of goods manufactured $509000

Finished goods inventory, June 1 160000

Finished goods inventory, June 30 215000

Cost of goods sold $454000

Calculate the number of sticks that were sold during June.

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Accounting Basics: Suppose that on june 1 slapshot had 5300 units in finished
Reference No:- TGS02884748

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