Please do not give solution in image format thanku Delaware Chemical Company uses oil to produce two types of plastic products, P1 and P2. Delaware budgeted 18,200 barrels of oil for purchase in June for $61 per barrel. Directlabor budgeted in the chemical process was $133,200 for June. Factory overhead was budgeted at $199,800 during June. The inventories on June 1 were estimated to beOilPIP2$9,3006,3005,300Work in process7,700The desired inventories on June 30 were:Oil$10,300.P15,700P25,100Work in process6,000 Use the preceding information to prepare a cost of goods sold budget for June. For those boxes in which you must enter subtracted or negative numbers use a minus sign.Delaware Chemical CompanyCost of Goods Sold BudgetFor the Month Ending June 30Direct materials:⁰⁰⁰0004

Name: Please do not give solution in image format thanku Delaware Chemical C
Uploaded: 2024-03-20T06:33:06.000Z
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Description: Please do not give solution in image format thanku Delaware Chemical Company uses oil to produce two types of plastic products, P1 and P2. Delaware budgeted 18,200 barrels of oil for purchase in June for $61 per barrel. Directlabor budgeted in the ch

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Delaware Chemical Company uses oil to produce two types of plastic products, P1 and P2. Delaware budgeted 18,200 barrels of od for purchase in Jane for $61 per barrel. Direct labor budgeted in the chemical process was $113,200 for June. Factory overhead was budgeted at $199,800 during June. The inventories on June 1 were estimated to be Oil $9,300 6,300 PL P2 5,300 Work in process 7,700 The desired inventories on June 30 were Oil $10,300. PL 5,700 P2 5,100 Work in process 6,000