=+Work in process inventories:

Estimated inventory, April 1, 2008 Desired inventory, April 30, 2008

$2,800 1,750 Budgeted factory overhead costs for April:

Indirect factory wages $55,500 Depreciation of plant and equipment 12,600 Power and light 4,900 Indirect materials 3,700 Total $76,700 Use the preceding information to prepare a cost of goods sold budget for April 2008.