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