eBook Calculator Print Item Cost of Goods Sold Budget The controller of MingWare Ceramics Inc. wants

eBook Calculator Print Item Cost of Goods Sold Budget The controller of MingWare Ceramics Inc. wants to prepare a cost of goods sold budget for September. 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 September $28,550 $6,000 $111,350 $145,900 Estimated inventory, September 1 Desired inventory, September 30 Direct labor cost: 2,220 2,840 Kiln Department 16,430 12,240 Total Total direct labor cost budgeted for September 5,330 8,880 2,580 6,820 Decorating Department $153,640 Bowl Figurine $3,030 $2,500 3,990 $52,980 Dish $206,620 Finished goods inventories: Total Estimated inventory, September 1 Desired inventory, September 30 Work in process inventories: $5,320 3,400 $10,850 11,590 4,200 Estimated inventory, September 1 $3,250 1,810 Desired inventory, September 30 Budgeted factory overhead costs for September: Indirect factory wages Depreciation of plant and equipment Power and light Indirect materials $81,000 11,750 6,140 3,030 Total 101,920 Use the preceding information to prepare a cost of goods sold budget for September. MingWare Ceramics Inc. Cost of Goods Sold Budget for the Month Ending Sontombor 20 Use the preceding information to prepare a cost of goods sold budget for September. MingWare Ceramics Inc. Cost of Goods Sold Budget For the Month Ending September 30 Direct materials: TTTTT DOODD Direct labor Less work in process inventory, September 30 inn

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