Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Direct Materials Purchases Budget Romano's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12 and 16 frozen pizzas

image text in transcribedimage text in transcribed

Direct Materials Purchases Budget Romano'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 Budgeted production volume 15,800 20,700 There are three direct materials used in producing the two types ol pizza. The quantities of direct materials expected to be used for each pizza are as follows: 12" Pizza 16" Pizza Direct materials: 0.90 Ib. per unit 0.60 0.80 1.50 lbs. per unit 1.00 1.30 Dough Tomato Cheese In addition, Romano's has determined the following information about each material Estimated inventory, September 1 Desired inventory. September 30 Price per pound DoughTomato Cheese 520 tbs200 bs280 lbs 550 lbs.190 lbs.310 bs $1.50$2.403.40 Prepare Seotembers direct materiss purch bdge for Romano's Froces Pizza inc. for those boves ite wrich you must enter sstracted or negative rumters use a minus san. Romano's Frozen Pizza Inc. Direct Materils Purchases Budget For the Month Ending September 30 EC

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting What the Numbers Mean

Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele

10th edition

9780077515904, 007802529X, 77515900, 978-0078025297

More Books

Students also viewed these Accounting questions