Question
Romanos Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12'' and 16'' frozen pizzas for September: Units 12
Romanos Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12'' and 16'' frozen pizzas for September:
Units | ||||
12" Pizza | 16" Pizza | |||
Budgeted production volume | 15,300 | 22,900 |
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 | 0.90 | lb. per unit | 1.50 | lbs. per unit | |
Tomato | 0.60 | 1.00 | |||
Cheese | 0.80 | 1.30 |
In addition, Romano's has determined the following information about each material:
Dough | Tomato | Cheese | ||||
Estimated inventory, September 1 | 650 | lbs. | 230 | lbs. | 280 | lbs. |
Desired inventory, September 30 | 680 | lbs. | 220 | lbs. | 310 | lbs. |
Price per pound | $1.30 | $2.70 | $3.30 |
Prepare September's direct materials purchases budget for Romanos Frozen Pizza Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign.
Dough | Tomato | Cheese | Total | |
Units required for production: | ||||
12" pizza | fill in the blank 1 | fill in the blank 2 | fill in the blank 3 | |
16" pizza | fill in the blank 4 | fill in the blank 5 | fill in the blank 6 | |
Desired inventory, September 1Desired inventory, September 30Estimated inventory, September 1Estimated inventory, September 30Supervisor salaries | - Select - | - Select - | - Select - | |
Total units available | fill in the blank 11 | fill in the blank 12 | fill in the blank 13 | |
Desired inventory, September 1Desired inventory, September 30Estimated inventory, September 1Estimated inventory, September 30Supervisor salaries | - Select - | - Select - | - Select - | |
Total units to be purchased | fill in the blank 18 | fill in the blank 19 | fill in the blank 20 | |
Unit Price | x $fill in the blank 21 | x $fill in the blank 22 | x $fill in the blank 23 | |
Total direct materials to be purchased | $fill in the blank 24 | $fill in the blank 25 | $fill in the blank 26 | $fill in the blank 27 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started