Cost of Goods Sold Budget

The controller of Oriental Ceramics Inc. wishes to prepare a cost of goods sold budget for June. 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 June	$33,680		$7,070		$131,350		$172,100
Estimated inventory, June 1, 2014	1,620		3,890		6,480		11,990
Desired inventory, June 30, 2014	3,140		2,860		7,540		13,540
Direct labor cost:	Kiln Department		Decorating Department				Total
Total direct labor cost budgeted for June	$50,880		$147,550				$198,430
Finished goods inventories:	Dish		Bowl		Figurine		Total
Estimated inventory, June 1, 2014	$5,420		$3,090		$2,550		$11,060
Desired inventory, June 30, 2014	3,470		4,280		4,070		11,820
Work in process inventories:
Estimated inventory, June 1, 2014	$3,310
Desired inventory, June 30, 2014	1,840
Budgeted factory overhead costs for June:
Indirect factory wages	$80,500
Depreciation of plant and equipment	11,330
Power and light	5,930
Indirect materials	3,060
Total	100,820

Hide Use the preceding information to prepare a cost of goods sold budget for June 2014. Oriental Ceramics Inc. Cost of Goods Sold Budget For the Month Ending June 30, 2014 $ $ Direct materials: $ $ $ Direct labor $ Less work in process inventory, June 30, 2014 $ $