Direct Materials Purchases Budget Tobin’s Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12”

Excerpt
30 Direct Materials Direct Materials Direct Materials Dough Tomato Cheese Total Units required for production: 12″ pizza 16″ pizza Total units available Total units to be purchased Unit Price x $ x $ x $ Total direct materials to be purchased $ $ $ $

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 12″ Pizza 16″ Pizza Budgeted production volume 15,900 23,900 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 0.90 lb. per unit 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 1 620 lbs. 220 lbs. 270 lbs. Desired inventory, November 30 650 lbs. 210 lbs. 300 lbs. Price per pound $1.20 $2.40 $3.30 Prepare November’s direct materials purchases budget for Tobin’s Frozen Pizza Inc. For those boxes in wch you must enter subtracted or negative numbers use a minus sign. Tobin’s Frozen Pizza Inc. Direct Materials Purchases Budget For the Month Ending November 30 Direct Materials Direct Materials Direct Materials Dough Tomato Cheese Total Units required for production: 12″ pizza 16″ pizza Total units available Total units to be purchased Unit Price x $ x $ x $ Total direct materials to be purchased $ $ $ $

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