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Lorenzos Frozen Pizza Inc. has determined from its A budget of estimated unit production.production budget the following estimated production volumes for 12'' and 16'' frozen

Lorenzos Frozen Pizza Inc. has determined from its A budget of estimated unit production.production budget the following estimated production volumes for 12'' and 16'' frozen pizzas for September:

Units
12" Pizza 16" Pizza
Budgeted production volume 13,300 23,500

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 0.80 lb. per unit 1.50 lb. per unit
Tomato 0.50 0.70
Cheese 0.70 1.30

In addition, Lorenzos has determined the following information about each material:

Dough Tomato Cheese
Estimated inventory, September 1 530 lb. 220 lb. 320 lb.
Desired inventory, September 30 560 lb. 210 lb. 350 lb.
Price per pound $1.30 $2.60 $3.00

Prepare September's direct materials purchases budget for Lorenzos Frozen Pizza Inc. When required, enter unit prices to the nearest cent.

Lorenzos Frozen Pizza Inc.
Direct Materials Purchases Budget
For the Month Ending September 30
Dough Tomato Cheese Total
Units required for production:
12" pizza
16" pizza
  • Less desired inventory, September 1
  • Less desired inventory, September 30
  • Plus desired inventory, September 1
  • Plus desired inventory, September 30
  • Plus estimated inventory, September 1
  • Plus estimated inventory, September 30
Total pounds required
  • Less desired inventory, September 1
  • Less desired inventory, September 30
  • Less estimated inventory, September 1
  • Less estimated inventory, September 30
  • Plus estimated inventory, September 1
  • Plus estimated inventory, September 30
Total units to be purchased
Unit price x $ x $ x $
Total direct materials to be purchased $ $ $ $

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