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Math Problem
Direct 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 for June 2016:
Units12" Pizza16" PizzaBudgeted production volume12,900 24,000There 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" Pizza16" PizzaDirect materials: Dough0.90 lb. per unit1.50lbs. per unit Tomato0.60 1.00 Cheese0.80 1.30In addition, Marino's has determined the following information about each material:
DoughTomatoCheeseEstimated inventory, June 1, 2016650lbs.180lbs.360lbs.Desired inventory, June 30, 2016680lbs.170lbs.390lbs.Price per pound$1.1 $2.4 $3.3Prepare June's direct materials purchases budget for Marino's Frozen Pizza Inc. When required, enter unit prices to the nearest cent.
Marino's Frozen Pizza Inc.Direct Materials Purchases BudgetFor the Month Ending June 30, 2016 DoughTomatoCheeseTotalUnits required for production: 12" pizza 16" pizza Total Total units to be purchased Unit pricex $x $x $ Total direct materials to be purchased$$$$
