Cost of goods sold budget

Delaware Chemical Company uses oil to produce two types of plastic products, P$1$ and P$2.$ Delaware budgeted $18,900$ barrels of oil for purchase in June for $$59$ per barrel. Direct labor

budgeted in the chemical process was $$133,800$ for June. Factory overhead was budgeted at $$200,700$ 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 use a minus sign.

Delaware Chemical Company

Cost of Goods Sold Budget

For the Month Ending June $30$