w now Print Item Lorenzo's 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 14,500 23,300 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 Imaterials: Dough 0.80 lb, per unit 1.50 lb, per unit Tomato 0:50 0.70 Cheese 0.70 1.30 In addition, Lorenzo's has determined the following information about each material: Dough Tomato Cheese 590 lb 190 lb 290 lb. Estimated inventory, September 1 Desired Inventory, September 30 Price per pound 620 lb 180 lb. 320 lb 51.30 $2.10 $3.10 Oprogress true eBook Show Me How Print Item 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 Plus desired Inventory, September 30 Total pounds required Les instimated inventory, September 1 Total units to be purchased Unit price x Total direct materials to be purchased Check My V Remember to take into account materials required for production, desired ending materials inventory and estimated beginning materials Inventory when calculating direct materials to be purchased Check My Work