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 pizzas for September Units 12" Pizza 16" Pizza 15,800 20,700 Budgeted production volume Three direct materials are used in producing the two types of pizza. The quantities of direct materials expected to be used for each pizza are as follows: Direct materials: 12" Pizza 16" Pizza Dough 0.80 lb. per unit 1.50 lb. per unit Tornato Cheese 0.50 0.70 0.70 1.30 In addition, Lorenzo's has determined the following information about each material: Dough Tomato Cheese Estimated inventory, September 1 550 lb. 160 lb. 290 lb. Desired inventory, September 30 Price per pound 580 lb. $1.50 160 lb. 320 lb. $2.30 $3.40 D Prepare September's direct materials purchases budget for Lorenzo's Frozen Pizza Inc. When required, enter unit prices to the nearest cent Lorenzo's Frozen Pizza Inc. Direct Materials Purchases Budget For the Month Ending September 30 Dough Tomato Cheese Total Dough 0.80 lb. per unit Tomato 0.50 0.70 0.70 1.30 Cheese In addition, Lorenzo's has determined the following information about each material: Dough Tomato Cheese Estimated inventory, September 1 550 lb. 160 lb. 290 lb. Desired inventory, September 30 580 lb. 160 lb. 320 lb. Price per pound $1.50 $2.30 $3.40 Prepare September's direct materials purchases budget for Lorenzo's Frozen Pizza Inc. When required, enter unit Lorenzo's Frozen Pizza Inc. Direct Materials Purchases Budget For the Month Ending September 30 Units required for production: 12" pizza 16" pizza Plus desired inventory, September 30 Total pounds required Less estimated inventory, September 1 Total units to be purchased Unit price Total direct materials to be purchased Feedback Dough Tomato Cheese Total