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J EX 22-9 Direct Materials Purchases Budget Romano's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12 and
J EX 22-9 Direct Materials Purchases Budget Romano's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12" and 16" frozen pizzas for September 2016: Units 12" Pizza 16" Pizza Budgeted production volume 5,300 8,900 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 0.70 lb. per unit 150 lbs. per unit Tomato 0.40 0.70 Cheese 0.60 1.30 In addition, Romano's has determined the following information about each material: Dough Tomato Cheese Estimated Inventory, September 1, 2016 Desired Inventory, September 30, 2016 Price per pound 520 lbs. 580 lbs. $0.80 200 lbs. 185 lbs. $1.60 295 lbs. 315 lbs. $2.40 Prepare September's direct materials purchases budget for Romano's Frozen Pizza Inc
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