The controller of MingWare Ceramics Inc. wishes to prepare a cost of goods sold budget for September. The controller assembled the following information for constructing the cost of goods sold budget: Direct materials: Enamel Paint Porcelain Total Total direct materials purchases budgeted for September $30,740 $6,460 $119,890 $157,090 Estimated inventory, September 1 2,640 6,340 10,560 19,540 Desired inventory, September 30 2,790 2,540 6,700 12,030 Direct labor cost: Kiln Department Decorating Department Total Total direct labor cost budgeted for September $51,070 $148,100 $199,170 Finished goods inventories: Dish Bowl Figurine Total Estimated inventory, September 1 $5,990 $3,410 $2,820 $12,220 Desired inventory, September 30 3,830 4,730 4,490 13,050 Work in process inventories: Estimated inventory, September 1 $3,650 Desired inventory, September 30 2,040 Budgeted factory overhead costs for September: Indirect factory wages $79,800 Depreciation of plant and equipment 11,070 Power and light 5,180 Indirect materials 3,230 Total 99,280 Use the preceding information to prepare a cost of goods sold budget for September. For those boxes in which you must enter subtracted or negative numbers use a minus sign.