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: 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: In addition, Lorenzo's has determined the following information about each material: Lorenzo's Frozen Pizza Inc. Direct Materials Purchases Budget For the Month Ending September 30 Dough Tomato Cheese Total Units required for production: 124pizza16pizza Plius desired inwentor September 30 o Total pounds required Less extimated inwentory. September 1 Total pounds to be purchased Unit price (per pound) Total direct materials to be purchased