Cheese 0.80 1.30 In addition, Tobin's has determined the following information about each material: Dough Tomato Cheese Estimated inventory, November 1 560 lbs. 180 lbs. 360 lbs. Desired inventory, November 30 Price per pound 590 lbs. $1.30 170 lbs. 390 lbs. $2.40 $3.40 Prepare November's direct materials purchases budget for Tobin's Frozen Pizza Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Tobin's Frozen Pizza Inc. Direct Materials Purchases Budget For the Month Ending November 30 Line Item Description Dough Tomato Cheese Total Units required for production: 12" pizza 16" pizza Total units available Total units to be purchased Unit Price Total direct materials to be purchased x $ x $ x $

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Cheese
0.80
1.30
In addition, Tobin's has determined the following information about each material:
Dough
Tomato
Cheese
Estimated inventory, November 1
560 lbs.
180 lbs.
360 lbs.
Desired inventory, November 30
Price per pound
590 lbs.
$1.30
170 lbs.
390 lbs.
$2.40
$3.40
Prepare November's direct materials purchases budget for Tobin's Frozen Pizza Inc. For those boxes in which you must enter subtracted or negative numbers use a
minus sign.
Tobin's Frozen Pizza Inc.
Direct Materials Purchases Budget
For the Month Ending November 30
Line Item Description
Dough
Tomato
Cheese
Total
Units required for production:
12" pizza
16" pizza
Total units available
Total units to be purchased
Unit Price
Total direct materials to be purchased
x $
x $
x $
Transcribed Image Text:Cheese 0.80 1.30 In addition, Tobin's has determined the following information about each material: Dough Tomato Cheese Estimated inventory, November 1 560 lbs. 180 lbs. 360 lbs. Desired inventory, November 30 Price per pound 590 lbs. $1.30 170 lbs. 390 lbs. $2.40 $3.40 Prepare November's direct materials purchases budget for Tobin's Frozen Pizza Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Tobin's Frozen Pizza Inc. Direct Materials Purchases Budget For the Month Ending November 30 Line Item Description Dough Tomato Cheese Total Units required for production: 12" pizza 16" pizza Total units available Total units to be purchased Unit Price Total direct materials to be purchased x $ x $ x $
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