Show Me HowCalculator Romano\'s Frozen Pizza Inc. has determined from its produc

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Show Me HowCalculator 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 15,100 Budgeted production volume 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: 22,100 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 550 lbs. 580 lbs. Tomato Cheese Estimated inventory, September 1 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. 190 lbs. 300 lbs. 180 lbs.330 Ibs. $1.30 $2.10 $3.10 Romano's Frozen Pizza Inc.

Explanation / Answer

ROMANO'S FROZEN PIZZA INC.

DIRECT MATERIALS PURCHASES BUDGET

FOR THE MONTH ENDING SEPTEMBER 30

PARTICULARS 12" PIZZA 16" PIZZA Total DOUGH TOMATO CHEESE DOUGH TOMATO CHEESE BUDGETED PRODUCTION IN UNITS 15100 15100 15100 22100 22100 22100 * DIRECT MATERIAL PER UNIT (lb.) 0.90 0.60 0.80 1.50 1.00 1.30 DIRECT MATERIAL REQUIRED FOR PRODUCTION (lb.) 13590 9060 12080 33150 22100 28730 + BUDGETED ENDING DM (lb.) 550 190 300 550 190 300 - BEGINNING DM (lb.) (580) (180) (330) (580) (180) (330) BUDGETED DM PURCHASES(lb.) 13560 9070 12050 33120 22110 28700 COST PER POUND $1.30 $2.10 $3.10 $1.30 $2.10 $3.10 BUDGETED DM PURCHASES IN $ $17628 $19047 $37355 $43056 $46431 $88970 $252487

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