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Cost of goods sold budget Delaware Chemical Company uses oll to procuce two types of plastic products, P1 and P2. Delaware budpeted 20,200 barreis of

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Cost of goods sold budget Delaware Chemical Company uses oll to procuce two types of plastic products, P1 and P2. Delaware budpeted 20,200 barreis of culf for purchase in June far 575 per tarfe. Pirect labor budpeted in the chemical process was $197,000 for June. Factory overhead was budgeted at $272,700 during June. The inventeries on June 1. wern eatimuted 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 Use the preceding information to prepare a cost of goods sold budget for June. Fo Delaware Chemical Company Cost of Goods Sold Budget For the Month Ending June 30 Line Item Description Amount Amount Amount Direct materials

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