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	$38,810		$8,150		$151,360		$198,320
Estimated inventory, September 1	1,660		3,980		6,640		12,280
Desired inventory, September 30	3,360		3,060		8,060		14,480
Direct labor cost:	Kiln Department		Decorating Department				Total
Total direct labor cost budgeted for September	$46,670		$135,340				$182,010
Finished goods inventories:	Dish		Bowl		Figurine		Total
Estimated inventory, September 1	$5,400		$3,080		$2,540		$11,020
Desired inventory, September 30	3,460		4,270		4,050		11,780
Work in process inventories:
Estimated inventory, September 1	$3,290
Desired inventory, September 30	1,840
Budgeted factory overhead costs for September:
Indirect factory wages	$82,200
Depreciation of plant and equipment	14,550
Power and light	5,530
Indirect materials	3,290
Total	105,570

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
			$
			$