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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:
Units 12" Pizza Units 16" Pizza
Budgeted production volume ,15,700,25,000
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:
\table[[,12 Pizza,16 Pizza],[Direct materials:,,],[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 1,600lbs.,230lbs.,360lbs.],[Desired inventory, November 30,630lbs.,220lbs.,390lbs.],[Price per pound,$1.20,$2.40,$3.10
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