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 Budgeted production volume Units 12" Pizza 15,700 16" Pizza 25,100 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: 12 Pizza 16" Pizza Direct materials: Dough 0.80 lb. per unit Tomato Cheese 0.50 0.70 1.50 lb. per unit 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 230 lb. 380 lb. Desired inventory, September 30 Price per pound 590 lb $1.10 220 lb. 410 b $2.30 $3.40 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 Units required for production 12" pizza 16 pizza Total pounds required Dough Tomato Cheese Total