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Direct Materials Purchases Budget Romanos Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12'' and 16'' frozen pizzas
Direct Materials Purchases Budget
Romanos Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12'' and 16'' frozen pizzas for September:
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 13,400 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 Tomato Cheese 0.90 lb. per unit 0.60 0.80 1.50 lbs. per unit 1.00 1.30 In addition, Romano's has determined the following information about each material Dough Tomato Cheese 180 lbs. 170 lbs. Estimated inventory, September 1 Desired inventory, September 30 Price per pound 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. 560 lbs 370 lbs 590 lbs. 400 lbs $1.50 $2.40 $3.30 Romano's Frozen Pizza Inc. Direct Materials Purchases Budget For the Month Ending September 30 Dough Tomato Cheese Total Units required for production: - 12" pizza 16" pizza Total units available Total units to be purchased Unit Price Total direct materials to be purchasedStep by Step Solution
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