Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

wow.com/ilm/takeAssignment/takeAssignmentMain.dohnvoker-takeAssignmentsession... eBook Show Me How Print Item 10 Direct Materials Purchases Budget Tobin's Frozen Pizza Inc. has determined from its production budget the following estimated

wow.com/ilm/takeAssignment/takeAssignmentMain.dohnvoker-takeAssignmentsession... eBook Show Me How Print Item 10 Direct Materials Purchases Budget Tobin's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12" and 16" frozen pizzas for November: Units Budgeted production volume 12" Pizza 12,600 16" Pizza 24,500 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: Direct materials: 12" Pizza 16" Pizza Dough 0.90 lb. per hit 1.50 lbs. per unit Tomato 0.60 1.00 Cheese 0.80 1.30 In addition, Tobin's has determined the following information about each material: Dough Tomato Cheese Estimated inventory, November 11 530 lbs. 230 lbs. 320 lbs. Desired inventory, November 30 560 lbs. 220 lbs. 350 lbs. Price per pound $1.10 $2.30 $3.10 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 minge einn Check My Work Previous Next> eBook Show Me How Print Item Dough Tomato Cheese Estimated inventory, November 1 530 lbs. 230 lbs. 320 lbs. Desired inventory, November 30 Price per pound 560 lbs. $1.10 220 lbs. 350 lbs. $2.30 $3.10. 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. Units required for production: 12" pizza 16" pizza Total units available Tobin's Frozen Pizza Inc. Direct Materials Purchases Budget For the Month Ending November 30 Direct Materials Dough Total units to be purchased Unit Price Total direct materials to be purchased xS Check My Work Direct Materials Direct Materials Tomato Cheese Total 0000000 Previous G 8:27 PM

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Basic Principles Of Accounting A Guide For Toatal Beginners

Authors: Simon Udeh Andrew

1st Edition

979-8861488440

More Books

Students also viewed these Accounting questions