Cost of goods sold budget budget for January. Wax is required to produce a candle. Assume $487,125$ pounds of material will be purchased during January. The candle wax costs $$1\mathrm{.}24$ per pound. Factory overhead was budgeted at $$300,000.$ For those boxes in which you must enter subtracted or negative numbers use a minus sign.

Pasadena Candle Inc.

Cost of Goods Sold Budget

For the Month Ending January $31$

$q,$ $

Direct materials:

$q,$ $

C $$

Cost of direct materials placed in production

$$

$$

Total work in process during period

$$

$$

$$

$$

$$