Cost of Goods ManufacturedSlapshot Company makes ice hockey sticks. During the month of June, the company purchased $121,000 of materials. Also during the month of June, Slapshot Company incurred direct labor cost of $167,000 and manufacturing overhead of $212,000. Inventory information is as follows: June 1June 30Materials$48,000 $45,000 Work in process65,000 63,000 Required:1.Calculate the cost of goods manufactured for the month of June.$2.Calculate the cost of one hockey stick assuming that 1,900 sticks were completed during June. Round your answer to the nearest cent.$per hockey stick