$18.)$ Delaware Chemical Company uses oil to produce two types of plastic products, P$1$ and P$2.$ Delaware budgeted $31,300$ barrels of oil for purchase in June for $$75$ per barrel. Direct labor budgeted in the chemical process was $$281,700$ for June. Factory overhead was budgeted at $$422,600$ during June. The inventories on June $1$ were estimated to be:

Oil $$19,700$

P$113,200$

P$211,300$

Work in process $16,300$

The desired inventories on June $30$ were:

Oil $$21,700$

P$112,100$

P$210,700$

Work in process $16,900$

Use the preceding information to prepare a cost of goods sold budget for June. For those boxes in which you must enter subtracted or negative numbers use a minus sign.