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: Total direct materials purchases budgeted for September Estimated inventory, September 1 Desired inventory, September 30 Direct labor cost: Total direct labor cost budgeted for September Finlshed goods Inventorles: Estimated inventory, September 1 Desired inventory, September 30 Work in process Inventories: Estimated inventory, September 1 Desired inventory, September 30 Budgeted factory overhead costs for September: Indirect factory wages Depreciation of plant and equipment Power and light Indirect materials Enamel Paint $35,540 1,190 2,740 $7,460 2,860 2,490 Porcelain S138,610 4,760 6,580 Total $181,610 8,810 11,810 Kiln Department Decorating Department Total $125,600 $168,910 Total $12,590 13,450 $43,310 Bowl Figurine $2,900 4,630 DIsh $6,170 $3,520 3,950 4,870 $3,760 2,100 $74,500 10,580 5,600 3,080 93,760 Total Use the preceding Informatlon to prepare a cost of goods sold budget for September. For those boxes In which you must enter subtracted or negatlve numbers use a minus sign