Prepare a cost of goods sold budget for January. Work in process at the beginning of January is estimated to be $$9,000,$ and work in process at the end of January is estimated to be $$10,500.$ For those boxes in which you must enter subtracted or negative numbers use a minus sign.

Birding Homes & Feeders Inc.

Cost of Goods Sold Budget

For the Month Ending January $31$

Finished goods inventory, January

Work in process inventory, Jantrary $1$

Direct materials:

Direct materials inventory, January $1$

Direct materials purchases $$

Cost of direct materials available for use

Direct materials inventory, January $31,$

Cost of direct materials placed in production

Factory overhead $$

Total manufacturing costs

Total work in process during period

Work in process inventory, January $31$

Cost of goods manufactured

Cost of finished goods available for sale

Finished goods inventory, January $31vv$

Cost of goods sold