eBook Show Me How 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 16" Pizza 70,000 50,000 Budgeted production volume. 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: Direct materials: 12" Pizza 16" Pizza Dough Tomato 0.55 lb. per unit 0.80 lb. per unit 0.25 0.40 Cheese 0.70 1.20 In addition, Tobin's has determined the following information about each material: Dough Tomato Estimated inventory, November 1 2,500 lbs. 1,000 lbs. Desired Inventory, November 30 2,000 lbs. Price per pound $0.50 1,200 lbs. $0.60 Cheese 3,000 lbs. 2,800 lbs. $0.85 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. Check My Work 2 more Check My Work uses remaining Previous Next > Estimated Inventory, November 1 2,500 lbs. 1,000 lbs. 3,000 lbs. Desired inventory, November 30 2,000 lbs. Price per pound $0.50 1,200 lbs. $0.60 2,800 lbs. $0.85 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 Units required for production: 12" pizza 16" pizza Total units available Total units to be purchased Unit Price Total direct materials to be purchased Direct Materials Dough 00000000 Direct Materials Direct Materials Tomato Cheese Total 10 ESLEHCE & SOCETY-dum-2021- allook My Hone Show Me How CengageNOWv2 Online teaching and learning resource from Cengage Learning Direct Material 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 70,000 16" Pizza 50,000 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: 12 Pizza 16" Pizza Direct materials: Dough 0.55 lb. per unit 0.80 lb. per unit Tomato 0.25 0.40 Cheese 0,70 1.20 In addition, Tobin's has determined the following information about each material: Dough Tomato Cheese Estimated inventory, November 11 2,500 lbs. 1,000 lbs. Desired inventory, November 30 2,000 lbs. Price per pound $0.50 1,200 lbs. $0.60 3,000 lbs. 2,800 lbs. $0.85 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