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 14,800 22,500
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: 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, Romano's has determined the following information about each material: Dough Tomato Cheese Estimated inventory, September 1 650 lbs. 160 lbs. 280 lbs. Desired inventory, September 30 680 lbs. 160 lbs. 310 lbs. Price per pound $1.10 $2.50 $3.10
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. Romano’s Frozen Pizza Inc. Direct Materials Purchases Budget For the Month Ending September 30 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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