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ect materials purchases budget bin's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12 and 16 frozen
ect materials purchases budget bin'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 16,100 23,400 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 Tomato Cheese 0.90 lb. per unit 0.60 1.50 lb. per unit 1.00 0.80. 1.30 In addition, Tobin's has determined the following information about each material: 1 Dough Tomato Cheese Estimated inventory, November 1 600 lbs. Desired inventory, November 30 630 lbs. Price per pound $1.30 200 lbs. 190 lbs. $2.10 350 lbs. 380 lbs. $3.00 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. Prepare November's direct materials purchases budget for Tobin's Frozen Pizza Inc. For those boxes in which you must enter subtracted or negative sign. Tobin's Frozen Pizza Inc. Direct Materials Purchases Budget For the Month Ending November 30 Line Item Description Dough Tomato Cheese Total Units required for production: 12" pizza 16" pizza Total units available Total units to be purchased Unit Price Total direct materials to be purchased
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