Cost of Goods Sold Budget The controller of Pueblo Ceramics Inc. wishes to prepare a cost of goods sold budget for April. 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 April $35,000 $6,000 $140,000 $181,000 Estimated inventory, April 1 3,000 750 9,250 13,000 Desired inventory, April 30 3,200 15,000 1,000 10,800 Decorating Department Direct labor cost: Kiln Department Total Total direct labor cost budgeted for April $38,000 $162,000 $200,000 Budgeted factory overhead costs for April: Indirect factory wages $71,500 Depreciation of plant and equipment 19,000 12,300 Power and light Indirect materials 4,200 Total $107,000 Work in process inventories: Estimated inventory, April 1 $11,400 Desired inventory, April 30 9,500 Finished goods inventories: Dish Bowl Figurine Total Estimated inventory, April 1 $4,500 $2,500 $10,000 $3,000 750 Desired inventory, April 30 4,000 1,250 6,000 Use the preceding information to prepare a cost of goods sold budget for April Use the preceding information to prepare a cost of goods sold budget for April. PUEBLO CERAMICS INC. Cost of Goods Sold Budget For the Month Ending April 30 Finished goods inventory, April 1 Direct materials: Cost of direct materials available for use $ JOULUI Cost of direct materials placed in production $ Total manufacturing costs Total work in process during the period Cost of goods manufactured Cost of finished goods available for sale VID) Cost of goods sold