Cost of Goods Sold Budget

The controller of MingWare Ceramics Inc. wishes to prepare a cost of goods sold budget for September. The controller assembled the following information for constructing the cost of goods sold budget:

Direct materials:	Enamel		Paint		Porcelain		Total
Total direct materials purchases budgeted for September	$37,470		$7,870		$146,130		$191,470
Estimated inventory, September 1	2,380		5,710		9,520		17,610
Desired inventory, September 30	2,670		2,430		6,410		11,510
Direct labor cost:	Kiln Department		Decorating Department				Total
Total direct labor cost budgeted for September	$49,550		$143,700				$193,250
Finished goods inventories:	Dish		Bowl		Figurine		Total
Estimated inventory, September 1	$5,280		$3,010		$2,480		$10,770
Desired inventory, September 30	3,380		4,170		3,960		11,510
Work in process inventories:
Estimated inventory, September 1	$3,220
Desired inventory, September 30	1,800
Budgeted factory overhead costs for September:
Indirect factory wages	$74,300
Depreciation of plant and equipment	10,640
Power and light	4,720
Indirect materials	3,310
Total	92,970

Use the preceding information to prepare a cost of goods sold budget for September. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

MingWare Ceramics Inc.
Cost of Goods Sold Budget
For the Month Ending September 30
			$
		$
Direct materials:
	$
	$
	$
Direct labor
		$
Work in process inventory, September 30
			$
			$