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 23,800 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: Dough 0.90 lb. per unit 1.50 lbs. per unit Tomato 0.60 1.00 Cheese 0.80 1.30 In addition, Romano's has determined the following information about each material: Dough Tomato Cheese Estimated Inventory, September 1 540 lbs. 240 lbs. 290 lbs. Desired Inventory, September 30 570 lbs. 230 lbs. 320 lbs. Price per pound $1.00 $2.50 $3.30 Prepare September's direct materials purchases budget for Romano's Frozen Pizza Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Prepare September's direct materials purchases budget for Romano's Frozen Pizza Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Romano's Frozen Pizza Inc. Direct Materials Purchases Budget For the Month Ending September 30 Dough Tomato Cheese Units required for production: 12" pizza 11,880 7,920 10,560 35,700 23,800 30,940 16" pizza Desired Inventory, September 30 Total units available 48,120 31,960 41.790 Total units to be purchased 47,550 X 31,730 41,740 Unit Price Total direct materials to be purchased $ 47,550 X 79,325 X $ 136,851 X 263,726 X