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 $89,00069,000$

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:

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

Direct materials:

Dough $0\mathrm{.}55$ lb$.$ per unit $0\mathrm{.}80$ lb$.$ per unit

Tomato $0\mathrm{.}250\mathrm{.}40$

Cheese $0\mathrm{.}701\mathrm{.}20$

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

Line Item Description Dough Tomato Cheese

Estimated inventory, November $12,300$ lbs$.800$ lbs$.3,000$ lbs$.$

Desired inventory, November $301,800$ lbs$.1,400$ lbs$.3,000$ lbs$.$

Price per pound $$0\mathrm{.}70$ $$0\mathrm{.}80$ $$1\mathrm{.}05$

This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below.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. Round your final answers to the nearest dollar.

Tobin's Frozen Pizza Inc.

Direct Materials Purchases Budget

For the Month Ending November $30$