Delaware Chemical Company uses oil to produce two types of plastic products, P1 and P2. Delaware budgeted 15,800 barrels of oil for purchase in June for $71 per barrel. Direct labor budgeted in the chemical process was $145,800 for June. Factory overhead was budgeted at $201,900 during June. The inventories on June 1 were estimated to be: Oil $10,200 P1 6,900 P2 5,800 Work in process 8,500 The desired inventories on June 30 were: Oil $11,200 P1 6,300 P2 5,500 Work in process 8,700 Use the preceding information to prepare a cost of goods sold budget for June. For those boxes in which you must enter subtracted or negative numbers use a minus sign