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Units 12 Pizza 16 Pizza Budgeted production volume 14,600 26,800 Three direct materials are used in producing the two types of pizza. The quantities of
Units 12" Pizza 16" Pizza Budgeted production volume 14,600 26,800 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 0.80 lb. per unit 1.50 lb. per unit 0.70 Tomato 0.50 Cheese 0.70 1.30 In addition, Lorenzo's has determined the following information about each material: Estimated inventory, September 1 Desired inventory, September 30 Price per pound Dough 520 lb. 550 lb. $1.20 Tomato 210 lb. 200 lb. $2.50 Cheese 310 lb. 340 lb. $3.00 Prepare September's direct materials purchases budget for Lorenzo's Frozen Pizza Inc. When required, enter unit prices to the nearest cent. Lorenzo's Frozen Pizza Inc. Direct Materials Purchases Budget For the Month Ending September 30 Dough Tomato Units required for production: 12" pizza Cheese Total 16" pizza Total pounds required Total units to be purchased Unit price
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