ebook Cost of Goods Sold Budget Delaware Chemical Company uses oil to produce two types of plastic products, P1 and P2. Delaware hudgeted 17,100 barrels of os for purchase in June for $59 per barrel, Direct labor budgeted in the chemical process was $131,200 for June. Factory overhead was budgeted at $181,600 during June. The inventories on June 1 were estimated to be Oil $9,200 PI 6,200 P2 5,200 Work in process 7,600 The desired Inventories on June 30 were: Oil $10,100 PI 5,600 P2 5,000 Work in process 7.900 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 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 100 . Check My Work Previous Save and Et Submit Anment for Gradie