Cost of goods sold budget. Delaware Chemical Company wses oil to produce two types of plastic products, P1 and P2. Delaware budpeted 18,100 barrels of oil for purchase in June for $$64$ per barrel. Direct labor budgeted in the chemical process was $$139, 000$ for June, Factory overhead was budgeted at $$208, 500$ during June. The inventories on June 1 were estimated to be: The desired inventories on June 30 were: Use the preceding information to prepare a cost of goods sold budget for June. For those bokes in which you must enter subtracted or negative numbers use a minus sign.

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Cost of goods sold budget. Delaware Chemical Company wses oil to produce two types of plastic products, P1 and P2. Delaware budpeted 18,100 barrels of oil for purchase in June for

$64

per barrel. Direct labor budgeted in the chemical process was

$139, 000

for June, Factory overhead was budgeted at

$208, 500

during June. The inventories on June 1 were estimated to be: The desired inventories on June 30 were: Use the preceding information to prepare a cost of goods sold budget for June. For those bokes in which you must enter subtracted or negative numbers use a minus sign.

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