Cost of Goods Sold Budget Work in process inventories: Estimated inventory, September 1 $3,250 Desired inventory, September 30 1,810 Budgeted factory overhead costs for September: \begin{tabular}{lr} \hline Indirect factory wages & $75,000 \\ Depreciation of plant and equipment & 12,120 \\ Power and light & 5,930 \\ Indirect materials & 3,170 \\ Total & 96,220 \\ \end{tabular} 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. 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 Work in process inventory, September 30