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Tobin's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes...

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Accounting

Tobin's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12'' and 16frozenzzasforNovember:
Units 12" Pizza Units 16" Pizza
Budgeted production volume ,14,900,26,200
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:
\table[[Dough,0.90lb, per unit,1.50lb. per unit],[Tomato,0.60,1.00],[Cheese,0.80,1.30]]
In addition, Tobin's has determined the following information about each material:
\table[[,Dough,Tomato,Cheese],[Estimated inventory, November 1,650lbs.,230lbs.,370lbs.],[Desired inventory, November 30,680lbs.,220lbs.,400lbs.],[Price per pound,$1.20,$2.80,$3.40
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