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: Budgeted production volume Units 12" Pizza 16" Pizza 14,000 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: 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 1 650 lbs. 180 lbs. 280 lbs. Desired inventory, September 30 Price per pound 680 lbs. 170 lbs. 310 lbs. $1.40 $2.10 $3.20