Question
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: Units 12" Pizza 16" Pizza Budgeted production volume 16,300 24,800 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 1 640 lbs. 240 lbs. 330 lbs. Desired inventory, September 30 670 lbs. 230 lbs. 360 lbs. Price per pound $1.50 $2.80 $3.10 Prepare September's direct materials purchases budget for Romanos Frozen Pizza Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Romanos Frozen Pizza Inc. Direct Materials Purchases Budget For the Month Ending September 30 Dough Tomato Cheese Total Units required for production: 12" pizza fill in the blank 1 fill in the blank 2 fill in the blank 3 16" pizza fill in the blank 4 fill in the blank 5 fill in the blank 6 Desired inventory, September 30 fill in the blank 8 fill in the blank 9 fill in the blank 10 Total units available fill in the blank 11 fill in the blank 12 fill in the blank 13 Estimated inventory, September 1 fill in the blank 15 fill in the blank 16 fill in the blank 17 Total units to be purchased fill in the blank 18 fill in the blank 19 fill in the blank 20 Unit Price x $fill in the blank 21 x $fill in the blank 22 x $fill in the blank 23 Total direct materials to be purchased $fill in the blank 24 $fill in the blank 25 $fill in the blank 26 $fill in the blank 27
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