Delaware Chemical Company uses oil to produce two types of plastic products, P1 and P2. Delaware budgeted 24,400 barrels of oil for purchase in June for $71 per barrel. Direct labor budgeted in the chemical process was $207,900 for June. Factory overhead was budgeted at $311,800 during June. The inventories on June 1 were estimated to be:

Oil	$14,600
P1	9,800
P2	8,300
Work in process	12,100

The desired inventories on June 30 were:

Oil	$16,000
P1	8,900
P2	7,900
Work in process	12,500

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.

Delaware Chemical Company Cost of Goods Sold Budget For the Month Ending June 30

Cost of direct materials available for useDirect laborFactory overheadFinished goods inventory, June 1Total work in process during period			$- Select -
Direct laborFactory overheadWork in process inventory, June 1Work in process inventory, June 30Total work in process during period		$- Select -
Direct materials:
Cost of direct materials available for useDirect laborDirect materials inventory, June 1Direct materials inventory, June 30Total work in process during period	$- Select -
Cost of goods soldDirect laborDirect materials purchasesFinished goods inventory, June 30Total work in process during period	- Select -
Cost of direct materials available for useCost of finished goods available for saleCost of goods manufacturedCost of goods soldTotal manufacturing costs	$- Select -
Direct laborDirect materials inventory, June 30Factory overheadFinished goods inventory, June 1Total work in process during period	- Select -
Cost of direct materials placed in productionCost of goods soldFinished goods inventory, June 1Finished goods inventory, June 30Work in process inventory, June 30	$- Select -
Cost of goods soldDirect laborTotal work in process during periodWork in process inventory, June 1Work in process inventory, June 30	- Select -
Direct materials inventory, June 1Direct materials inventory, June 30Factory overheadTotal work in process during periodWork in process inventory, June 30	- Select -
Cost of direct materials available for useCost of finished goods available for saleCost of goods soldCost of goods manufacturedTotal manufacturing costs		- Select -
Cost of direct materials available for useCost of finished goods available for saleCost of goods manufacturedCost of goods soldTotal work in process during the period		$- Select -
Direct laborDirect materials inventory, June 30Factory overheadFinished goods inventory, June 1Work in process inventory, June 30		- Select -
Cost of direct materials available for useCost of finished goods available for saleCost of goods manufacturedCost of goods soldTotal work in process during the period			- Select -
Cost of direct materials available for useCost of finished goods available for saleCost of goods manufacturedCost of goods soldTotal work in process during the period			$- Select -
Direct laborDirect materials inventory, June 30Factory overheadFinished goods inventory, June 30Work in process inventory, June 30			$- Select -
Cost of direct materials available for useCost of finished goods available for saleCost of goods manufacturedCost of goods soldTotal work in process during the period			$- Select -