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Book Direct Materials Purchases Budget Your Pie Inc. has determined from its production budget the following estimated production volumes for 12 and 16 frozen pizzas
Book Direct Materials Purchases Budget Your Pie Inc. has determined from its production budget the following estimated production volumes for 12" and 16" frozen pizzas for September: Units 12" Pizza 16" Pizza Budgeted production volume 4,500 7,500 There are three direct materials used in producing the two types of pizza. The quantities of direct materials expected to be used for each pizza are as follows: 12" Pizza 16" Pizza Direct materials: Dough 0.60 lb. per unit 1.00 lb, per unit Tomato 0.30 0.45 Cheese 0.50 0,80 In addition, Your Pie Inc. has determined the following information about each material: Dough Tomato Cheese 250 lbs. 125 lbs. 240 lbs Estimated inventory, September 1 Desired inventory, September 30 Price per pound 300 lbs. 150 lbs. 275 lbs 50.60 $0.90 $1-20 Prepare September's direct materials purchases budget for Your Ple Inc. Check My Work Pre All work saved Email Instructor Save and Exit Submit O ali eBook Prepare September's direct materials purchases budget for Your Pie Inc. YOUR PIE INC. Direct Materials Purchases Budget For the Month Ending September 30 Direct Materials: Dough Tomato Units required for production: Cheese Total 12" pizza 16" pizza Plus desired inventory, September 30 Total Less estimated inventory, September 1 Total units to be purchased Unit price Total direct materials to be purchased LOW Production quantity (for both 17" and 16 pizzas) plus desired ending inventory minus estimated beginning inventory equals amount to be pun price for each material. Check My Work
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