EX 22-9 Direct materials purchases budget Lorenzo's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12" and 16" frozen pizzas for September: OBJ. 4 Units 12" Pizza 16" Pizza Budgeted production volume 12,500 21,800 Three direct materials are 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 0.80 lb. per unit 0.50 0.70 1.50 lb. per unit 0.70 1.30 In addition, Lorenzo's has determined the following information about each material: Estimated inventory, September 1 Desired inventory, September 30 Price per pound Dough 490 lb. 580 lb. $0.50 Tomato 230 lb. 185 lb. $2.20 Cheese 275 lb. 340 lb. $2.60 Prepare September's direct materials purchases budget for Lorenzo's Frozen Pizza Inc