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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 $12"$ and ${16}^{\text{f}\text{f}\text{r}\text{o}\text{z}\text{e}\text{n}zzasforNovember\text{:}}$

Units $12"$ Pizza Units $16"$ Pizza

Budgeted production volume $,80,000,60,000$

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

$\backslash$table$[[,12"$ Pizza,$16$ Pizza$],[$Direct materials:,$0\mathrm{.}55lb.$ per unit,$0\mathrm{.}80lb,$ per unit$],[$Dough$,0\mathrm{.}25,0\mathrm{.}40],[$Tomato$,0\mathrm{.}70,1\mathrm{.}20],[$Cheese$,,]]$

In addition, Tobin's has determined the following information about each material:

$\backslash$table$[[,$Dough,Tomato,Cheese$],[$Estimated inventory, November $1,2,700lbs.,900lbs.,3,200lbs.],[$Desired inventory, November $30,2,200lbs.,1,200lbs.,2,700lbs.],[$Price per pound,$$0\mathrm{.}30,$$$0\mathrm{.}40,$$$0\mathrm{.}65$