Direct Materials Purchases Budget Lorenzo's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12" and 16" frozen plzzas for September: Units 12" Pizza 16" Pizza Budgeted production volume 14,300 25,200 Three direct materlals are used In producing the two types of plzza. The quantities of direct materials expected to be used for each plzza are as follows: 12" Pizza 16" Pizza Direct materlals Dough Tomato Cheese 0.80 lb. per unit 0.50 0.70 1.50 lbs. per unit 0.70 1.30 In addition, Lorenzo's has determined the following Information about each materlal Dough Tomato Cheese 570 lbs. 600 lbs. Estimated Inventory, September 1 Desired Inventory, September 30 Price per pound Prepare September's direct materlals purchases budget for Lorenzo's Frozen Pizza Inc. When required, enter unlt prices to the nearest cent. 190 lbs.320 lbs. 80 lbs. 350 bs. $1.30 70 20