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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
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 13,900 24,000 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 1.50 lbs. per unit Tomato 0.90 lb. per unit 0.60 0.80 1.00 Cheese 1.30 In addition, Romano's has determined the following information about each material: Tomato Cheese 210 lbs. 300 lbs. Estimated inventory, September 1 Desired inventory, September 30 Dough 540 lbs. 570 lbs. $1.00 200 lbs. $2.10 330 lbs. $3.30 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. Romano's Frozen Pizza Inc. Direct Materials Purchases Budget For the Month Ending September 30 Dough Tomato Units required for production: 12" pizza Cheese Total 16" pizza Total units available bium Total units to be purchased Unit Price Total direct materials to be purchased
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