Cost of goods sold budget

Delaware Chemical Company uses oil to produce two types of plastic products, P$1$ and P$2.$ Delaware budgeted $26,300$ barrels of oil for purchase in June for $$61$ per barrel. Direct labor budgeted in the chemical process was $$192,500$ for June. Factory overhead was budgeted at $$288,800$ during June. The inventories on June $1$ were estimated to be:

$\backslash$table$[[$Oil$,$$$13,500$