1. 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	$30,530		$6,410		$119,070		$156,010
   Estimated inventory, September 1	2,640		6,340		10,560		19,540
   Desired inventory, September 30	3,310		3,010		7,940		14,260
   Direct labor cost:	Kiln Department		Decorating Department				Total
   Total direct labor cost budgeted for September	$48,450		$140,510				$188,960
   Finished goods inventories:	Dish		Bowl		Figurine		Total
   Estimated inventory, September 1	$5,970		$3,400		$2,810		$12,180
   Desired inventory, September 30	3,820		4,720		4,480		13,020
   Work in process inventories:
   Estimated inventory, September 1	$3,640
   Desired inventory, September 30	2,030
   Budgeted factory overhead costs for September:
   Indirect factory wages	$74,200
   Depreciation of plant and equipment	14,320
   Power and light	5,330
   Indirect materials	3,380
   Total	97,230

   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
   			$fill in the blank 2
   		$fill in the blank 4
   Direct materials:
   	$fill in the blank 6
   	fill in the blank 8
   	$fill in the blank 10
   	fill in the blank 12
   	$fill in the blank 14
   Direct labor	fill in the blank 15
   	fill in the blank 17
   		fill in the blank 19
   		$fill in the blank 21
   Work in process inventory, September 30		fill in the blank 22
   			fill in the blank 24
   			$fill in the blank 26
   			fill in the blank 28
   			$fill in the blank 30