Delaware Chemical Company uses oil to produce two types of plastic products, P1 and P2. Delaware budgeted 26,600 barrels of oil for purchase in June for $73 per barrel. Direct labor budgeted in the chemical process was $213,600 for June. Factory overhead was budgeted at $349,500 during June. The inventories on June 1 were estimated to be:

Line Item Description	Amount
Oil	$15,000
P1	10,000
P2	8,500
Work in process	12,400

The desired inventories on June 30 were:

Line Item Description	Amount
Oil	$16,400
P1	9,200
P2	8,100
Work in process	12,800

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.

process was $213,600 for June. Factory overthead was budgeted at $249,500 doring lure. The inventones an June 1 wern estimated to be: The devired imvertories on Juhe 30 were: Use the preceding information to prepare a cost of goods sold budget for June. For those boxes in which you must ente