Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Your Pie Inc. has determined from its production budget the following estimated production volumes for 12 and 16 frozen pizzas for September: Units 12 Pizza
Your Pie 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 15,600 24,200 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: 12" Pizza 16" Pizza Direct materials: Dough 0.60 lb. per unit 1.00 lb. per unit Tomato 0.30 0.45 Cheese 0.50 0.80 In addition, Zippy's has determined the following information about each material: Dough Tomato Cheese Estimated inventory, September 1 640 lbs. 210 lbs. 330 lbs. Desired inventory, September 30 670 lbs. 200 lbs. 360 lbs. Price per pound $1.00 $2.80 $3.40 Prepare September's direct materials purchases budget for Your Pie Inc. YOUR PIE INC. Direct Materials Purchases Budget For the Month Ending September 30 Direct Materials: Dough Tomato Cheese Units required for production: 12" pizza 16" pizza Total Total Total units to be purchased Unit price Total direct materials to be purchased
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started