Direct Materials Purchases Budget Marino's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12" and 16" frozen pizzas for June 2014: Units 12" Pizza 16" Pizza Budgeted production volume 14,600 21,100 There are three direct materials 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 0.90 lb. per unit Dough 1.50 lbs. per unit Tomato 0.60 1.00 Cheese 0.80 1.30 In addition, Marino's has determined the following information about each material: Dough Tomato Cheese Estimated inventory, June 1, 2014 550 lbs. 230 lbs. 360 lbs. Desired inventory, lune 30, 2014 580 lbs 220 lbs 390 lbs. Price per pound $1.40 $2.90 $3.10