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 14,000 26,100 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 Tomato 0.50 0.70 Cheese 0,70 1.30 In addition, Lorenzo's has determined the following information about each material Dough Tomato Cheese Estimated inventory, September 1 560 lb. 210 310. Desired inventory, September 30 590 lb. 200 b 3400 Price per pound $1.30 $2.20 $3.10 Prepare September's direct materials purchases budget for Lorenzo's Frozen Pizza Inc. When required, enter unit prices to the nearest cent.