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CengageNow2 | Online teaching and leaming resource from Cengage Learning-Intemet Explorer rect Materials Purchases Budget Marino's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12" and 16" frozen pizzas lune 2016 tion volumes for 12" and 16" frozen pizzas for Units 12" Pizza 16" Pizza 14,800 25,700 Budgeted production volume There are three direct materials used in producing the two types of plzza. The quantities of direct materials expected to be used for each pizza are as follows: 12" Pizza 16" Pizza Direct materials: Dough Tomato Cheese 1.50 lbs per unit 1.00 1.30 0.90 tb. per unit 0.60 In addition, Marino's has determined the following infoermation about each material DoughTomato Cheese Estimated inventory, June 1, 2016 530 230 b290 lbs

Explanation / Answer

Direct Materials Purchase Budget (All quantities in lbs ; all amounts in $) For the month ending June 30, 2016 Dough Tomato Cheese Total Units required for production : 12" Pizza 13320 8880 11840 16" Pizza 38550 25700 33410 Total Units for Production lbs 51870 34580 45250 Opening Inventory of Materials 530 230 290 Closing Inventory of Materials 560 220 320 Total Units to be purchased Lbs 51900 34570 45280 Unit Price in $ 1.1 2.5 3.4 Total Direct Materials Purchased 57090 86425 153952 297467

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