gnment/takeAssignmentMain.do?inprogress true Show Me How Direct Materials Purcha

Question

gnment/takeAssignmentMain.do?inprogress true Show Me How Direct Materials Purchases Budget Romano'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 15,100 22,100 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 Tomato Cheese 0.90 lb. per unit 0.60 0.80 1.50 lbs. per unit 1.00 1.30 In addition, Romano's has determined the following information about each material: Dough Tomato Cheese 550 Ibs. 190 lbs. 300 lbs. 580 lbs. 180 Ibs. 330 lbs. Estimated invent Desired inventory, September 30 Price per pound Prepare September's direct materials purchases budget for Romano's Frozen Pizza Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign $1.30 $2.10 $3.10

Explanation / Answer

Romano's Frozen Pizza Inc. Direct Materials Purchase Budget For the month ended September 30 Dough Tomato Cheese Total Units required in production 12 '' pizza 13,590 9,060 12,080 16 '' pizza 33,150 22,100 28,730 Desired Inventory, September 30 580 180 330 Total units available 47,320 31,340 41,140 Estimated Inventory, September 1 - 550 - 190 - 300 Total units to be purchased 46,770 31,150 40,840 Unit price $ 1.30 $ 2.10 $ 3.10 Total direct materials to be purchased $ 60,801 $ 65,415 $ 126,604 $ 252,820

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