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Tobin s Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 1 2 ' ' and 1 6 '
Tobins Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for and frozen pizzas for November:
Line Item Description Units Pizza Units Pizza
Budgeted production volume
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:
Line Item Description Pizza Pizza
Direct materials:
Dough lb per unit lb per unit
Tomato
Cheese
In addition, Tobin's has determined the following information about each material:
Line Item Description Dough Tomato Cheese
Estimated inventory, November lbs lbs lbs
Desired inventory, November lbs lbs lbs
Price per pound $ $ $
Prepare November's direct materials purchases budget for Tobins Frozen Pizza Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign.
Tobins Frozen Pizza Inc.
Direct Materials Purchases Budget
For the Month Ending November
Line Item Description Dough Tomato Cheese Total
Units required for production:
pizza pizza pizza pizza
pizza pizza pizza pizza
Desired inventory, November Desired inventory, November Desired inventory, November
Total units available Total units available Total units available Total units available
Estimated inventory, November Estimated inventory, November Estimated inventory, November
Total units to be purchased Total units to be purchased Total units to be purchased Total units to be purchased
Unit Price x $Unit Price x $Unit Price x $Unit Price
Total direct materials to be purchased $Total direct materials to be purchased $Total direct materials to be purchased $Total direct materials to be purchased $Total direct materials to be purchased
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Step: 1
To prepare the direct materials purchases budget for Tobins Frozen Pizza Inc for the month ending November 30 we need to calculate the quantities and ...Get Instant Access to Expert-Tailored Solutions
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