Delaware Chemical Company uses oil to produce two types of plastic products, P1 and P2. Delaware budgeted25,200 barrels of oil for purchase in June for $65 per barrel. Direct labor budgeted in the chemical process was $212,900 for June. Factory overhead was budgeted at $294,800 during June. The inventories on June 1 were estimated to be:

Oil	$14,900
P1	10,000
P2	8,500
Work in process	12,300

The desired inventories on June 30 were:

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.

Delaware Chemical Company
Cost of Goods Sold Budget
For the Month Ending June 30
			$
		$
Direct materials:
	$
	$
	$
		$
			$
			$
			$