Direct Materials Purchases Budget

Lorenzos 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	14,900		22,900

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	1.50	lb. per unit
	Tomato	0.50		0.70
	Cheese	0.70		1.30

In addition, Lorenzos has determined the following information about each material:

	Dough		Tomato		Cheese
Estimated inventory, September 1	550	lb.	220	lb.	350	lb.
Desired inventory, September 30	580	lb.	210	lb.	380	lb.
Price per pound	$1.40		$2.40		$3.40

Prepare September's direct materials purchases budget for Lorenzos Frozen Pizza Inc. When required, enter unit prices to the nearest cent.

Lorenzos Frozen Pizza Inc. Direct Materials Purchases Budget For the Month Ending September 30

	Dough	Tomato	Cheese	Total
Units required for production:
12" pizza	fill in the blank 1	fill in the blank 2	fill in the blank 3
16" pizza	fill in the blank 4	fill in the blank 5	fill in the blank 6
Less desired inventory, September 1Less desired inventory, September 30Less estimated inventory, September 1Plus desired inventory, September 30Plus estimated inventory, September 1Plus desired inventory, September 30	Plus desired inventory, September 30	Plus desired inventory, September 30	Plus desired inventory, September 30
Total pounds required	fill in the blank 11	fill in the blank 12	fill in the blank 13
Less desired inventory, September 1Less desired inventory, September 30Less estimated inventory, September 1Plus desired inventory, September 30Plus estimated inventory, September 1Less estimated inventory, September 1	Less estimated inventory, September 1	Less estimated inventory, September 1	Less estimated inventory, September 1
Total pounds to be purchased	fill in the blank 18	fill in the blank 19	fill in the blank 20
Unit price (per pound)	x $fill in the blank 21	x $fill in the blank 22	x $fill in the blank 23
Total direct materials to be purchased	$fill in the blank 24	$fill in the blank 25	$fill in the blank 26	$fill in the blank 27