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C Chegg Study | Guided ScChapter 22 HomeworkCengageNOWv2 | Online ? > g ?v2.cengagenow.com/ilm/takeAssignment takeAssignmentMain do?invoker=&takeAssignmentSessionLocator-assignment; take&inprogress-alse; Chapter 22 Homework Show Me HowCalculator eBook 1. AA.22-1 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 plzzas for June 2016: 2. EM.22-1 Units 3. EX.22-1.ALGO 12" Pizza 16" Pizza Budgeted production volume 16,300 23,200 4. EX.22-2.ALGO 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: 5. EX.22-6.ALGO 12" Pizza 16" Pizza 6. EX.22-9.ALGO Direct materials: Dough Tomato Cheese 0.90 lb, per unit 0.60 0.80 1.50 Ibs. per unit 1.00 1.30 7. EX.22-12.ALGO 8. EX.22-15.ALGO In addition, Marino's has determined the following information about each material Dough Tomato 560 lbs,180 lbs. 590 lbs,170 lbs. $1.1 Cheese 290 lbs. 320 lbs. $3.3 9. EX.22-16.ALGO Estimated inventory, June 1, 2016 Desired inventory, June 30, 2016 Price per pound Prepare June's direct materials purchases budget for Marino's Frozen Pizza Inc. When required, enter unit prices to the nearest cent. 10. PR.22-3.A 52.8 Marino's Frozen Pizza Inc. Direct Materials Purchases Budget For the Month Ending June 30, 2016 Dough Tomato CheeseTotal Units required for production Type here to search 4/11/2018 15Explanation / Answer
Direct material purchase budget :
Dough Tomato Cheese Total Units required for production 12" Pizza 14670 9780 13040 16" Pizza 34800 23200 30160 Add: Desired endin inventory 590 170 320 Total needs 50060 33150 43520 Less: Beginning inventory -560 -180 -290 Total units to be purchased 49500 32970 43230 Unit price 1.1 2.8 3.3 Total direct material to be purchased 54450 92316 142659 289425Related Questions
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