Units 12" Pizza 16" Pizza Budgeted production volume 68,000 48,000 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: 16" Pizza Direct materials: Dough 0.55 lb. per unit 0.80 lbs. per unit 12" Pizza Tomato 0.25 0.40 Cheese 0.70 1.20 In addition, Tobin's has determined the following information about each material: Dough Tomato Cheese Estimated inventory, November 1 2,600 lbs. 800 lbs. 2,700 lbs. Desired inventory, November 30 2,100 lbs. 1,500 lbs. 2,800 lbs. Price per pound $0.60 $0.70 $0.95 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below. Open spreadsheet Prepare November's direct materials purchases budget for Tobin's Frozen Pizza Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Round your final answers to the nearest dollar. Tobin's Frozen Pizza Inc. Direct Materials Purchases Budget For the Month Ending November 30 Dough Units required for production: 12" pizza Tomato Cheese Total 16" pizza Total units available Total units to be purchased Unit price XS XS XS