Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Direct materials purchases budget Direct Materials Purchases Budget Romano's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12

Direct materials purchases budget
image text in transcribed
image text in transcribed
Direct Materials Purchases Budget Romano's Frozen Pizza 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 15,100 23,000 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 0.90 lb. per unit 1.50 lbs. per unit Tomato 0.60 1.00 Cheese 0.80 1.30 In addition, Romano's has determined the following information about each material: Dough Tomato Cheese Estimated inventory, September 1 520 lbs. 180 lbs. 350 lbs. Desired inventory, September 30 550 lbs. 170 lbs. 380 lbs. Price per pound $1.10 $2.20 $3.10 Prepare September's direct materials purchases budget for Romano's Frozen Pizza Inc. For those boxes in which you must enter subtracted or negative numbers use a minus on Romano's Frozen Pura Inc. Direct Materials Purchases Budget For the Month Fine Canton In addition, Romano's has determined the following information about each material: Dough Tomato Cheese Estimated inventory, September 1 5 20 lbs. 180 lbs. 350 lbs. Desired inventory, September 30 550 lbs. 170 lbs. 380 lbs. Price per pound $1.10 $2.20 $3.10 Prepare September's direct materials purchases budget for Romano's Frozen Pura Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign Romano's Frozen Pura Inc. Direct Materials Purchases Budget For the Month Ending September 30 Dough Tomato Cheese Total unts recured for productions 12" puna 16" per Total units available Totalts to be purchased Unit Price Tot dretters to be u sed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Economics Of Accounting Information In Markets

Authors: Peter Ove Christensen, Gerald Feltham

2nd Edition

1402072295, 9781402072291

More Books

Students also viewed these Accounting questions

Question

Discuss the effectiveness of a national infrastructure for HRD

Answered: 1 week ago