Cost of Goods Sold Budget

Cost of Goods Sold Budget Delaware Chemical Company uses oll to produce two types of plastic products, P1 and P2. Delaware budgeted 30,800 barreis of oil for purchase in June for $63 per barrel. Direct labor budgeted in the chemical process was $232,800 for June. Factory overhead was budgeted at $349,300 during June. The inventories on June 1 were estimated to be: The desired inventories on June 30 were: 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 usa h minicetin