Direct materials purchases budget

Tobin$$s Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for $12\text{'}\text{'}$ and $16\text{'}\text{'}$ frozen pizzas for November:

Line Item Description Units $12"$ Pizza Units $16"$ Pizza

Budgeted production volume $12,60025,100$

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:

Line Item Description $12"$ Pizza $16"$ Pizza

Direct materials:

Dough $0\mathrm{.}90$ lb$.$ per unit $1\mathrm{.}50$ lb$.$ per unit

Tomato $0\mathrm{.}601\mathrm{.}00$

Cheese $0\mathrm{.}801\mathrm{.}30$

In addition, Tobin's has determined the following information about each material:

Line Item Description Dough Tomato Cheese

Estimated inventory, November $1590$ lbs$.180$ lbs$.350$ lbs$.$

Desired inventory, November $30620$ lbs$.170$ lbs$.380$ lbs$.$

Price per pound $$1\mathrm{.}00$ $$2\mathrm{.}10$ $$3\mathrm{.}30$

Prepare November's direct materials purchases budget for Tobin$$s Frozen Pizza Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

Tobin$$s Frozen Pizza Inc.

Direct Materials Purchases Budget

For the Month Ending November $30$

Line Item Description Dough Tomato Cheese Total

Units required for production:

$12"$ pizza $12"$ pizza $12"$ pizza $12"$ pizza

$16"$ pizza $16"$ pizza $16"$ pizza $16"$ pizza

$-$ Select $--$ Select $--$ Select $-$

Total units available Total units available Total units available Total units available

$-$ Select $--$ Select $--$ Select $-$

Total units to be purchased Total units to be purchased Total units to be purchased Total units to be purchased

Unit Price x $Unit Price x $Unit Price x $Unit Price

Total direct materials to be purchased $Total direct materials to be purchased $Total direct materials to be purchased $Total direct materials to be purchased $Total direct materials to be purchased

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