=+EX 22-11 Direct materials purchases budget obj. 4 Total steel belt purchases, $1,344,000 Chapter 22 Budgeting
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=+EX 22-11 Direct materials purchases budget obj. 4
✔ Total steel belt purchases,
$1,344,000 Chapter 22 Budgeting 1027 respectively. The estimated beginning inventories for rubber and steel belts are 46,000 and 8,000 pounds, respectively.
Prepare a direct materials purchases budget for Sure Grip Tire Company for the year ended December 31, 2010.
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