6 0 estimated factory overhead costs for July: Indirect factory wages Depreciation of plant & equpment Power & light Indirect materials 200,000 40,000 25,000 34,000 NSTRUCTIONS 1 Prepare a sales budget for July 2 Prepare a production budget for July. 3 Prepare a direct materials purchases budget for July. 4 Prepare a direct labor cost budget for July. 5 Prepare the cost of goods manufactured statement for July 6 Prepare a cost of goods sold budget for July