Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. tobin's frozen pizza inc. has determined from its

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

70.2K

Verified Solution

Question

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
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

How does hormonal control of glomerular flow rate affect cardiac output?

Medical Sciences
Q

wite 3-5 senctences response to this post in your own words . COLLAPSE Genetic treatment is is gene therapy,...

Psychology
Q

Q10 Eddy currents are produced in a conductor when the conductor is subjected to Ospecific...

Physics
Q

Subtract Write your answer in simplest form 9 2 10 50

Geometry
Q

2 Using right triangle ABC below what is the value of AC BC to the...

Geometry
Q

This question refers to data taken from the U.S. Census. The dollar values take into...

Basic Math
Q

A person in a casino decides to play blackjack until he wins a game but...

Statistics
Q

try the type error and the type hypothesis The proportion of people who write with...

Statistics
Q

The given matrix determines a linear transformation T Find all x such that T x...

Algebra
Q

Splish Company began operations in 2020 and determined its ending inventory at cost and at...

Accounting
Q

7. Infor mation about the ending inventories of Charleston Chair Company is shown below: Current...

Accounting
Q

Marigold Corp.can produce 100 units of a component part with the following costs: Direct Materials...

Accounting