Direct Materials Purchases Budget Tobin's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12" and 16" frozen pizzas for November: Units Budgeted production volume 12" Pizza 14,800 16" Pizza 25,800 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, Tobin's has determined the following information about each material: Dough Tomato Cheese Estimated inventory, November 1 Desired inventory, November 30 640 lbs. 670 lbs. Price per pound $1.30 190 lbs. 180 lbs, $2.60 360 lbs. 390 lbs. $3.30 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 Units required for production: Tobin's Frozen Pizza Inc. Direct Materials Purchases Budget For the Month Ending November 30 Direct Materials Dough Direct Materials Direct Materials Tomato Cheese Total Cheese 0.80 1.30 In addition, Tobin's has determined the following information about each material: Dough Tomato Estimated inventory, November 1 640 lbs. 190 lbs. Cheese 360 lbs. Desired Inventory, November 30 Price per pound 670 lbs. $1.30 180 lbs. $2.60 390 lbs. $3.30 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 Units required for production: 12" pizza 16 pizza Total units available For the Month Ending November 30 Direct Materials Dough Direct Materials Direct Materials Tomato Cheese Total Total units to be purchased Unit Price Total direct materials to be purchased