Universal Chemical Company uses oil to produce two types of plastic products, P1 and P2. Universal budgeted 23,300 barrels of oil for purchase in April for $74 per barrel. Direct labor budgeted in the chemical process was $189,700 for April. Factory overhead was budgeted $310,400 during April. The inventories on April 1 were estimated to be: Oil $13,300 P1 8,900 P2 7,600 Work in process 11,000 The desired inventories on April 30 were: Oil $14,600 P1 8,200 P2 7,200 Work in process 11,400 Use the preceding information to prepare a cost of goods sold budget for April 2015. Universal Chemical Company Cost of Goods Sold Budget For the Month Ending April 30, 2015 $ $ Direct materials: $ $ $ $ $ $ can write out the numbers you used to find each account