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Direct materials purchases budget Tobin's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 1 2 and 1

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:
\table[[Units 12" Pizza Units,16" Pizza,],[Budgeted production volume,13,200,22,800]]
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:
\table[[Dough,0.90lb. per unit,1.50lb. per unit],[Tomato,0.60,1.00],[Cheese,0.80,1.30]]
In addition, Tobin's has determined the following information about each material:
\table[[,Dough,Tomato,Cheese],[Estimated inventory, November 1,570lbs.,160lbs.,310lbs.],[Desired inventory, November 30,600lbs.,160lbs.,340lbs.],[Price per pound,$1.40,$2.80,$3.10
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