22-11

Anticipated sales for Safety Grip Company were 42000 passengers car tires and 19000 truck tires. Rubber and steel belts are used in producing passenger car and truck tires as follows:

	Passenger Car	Truck
Rubber	35 lbs per unit	78 lbs per unit
Steel Belts	5 lbs per unit	8 lbs per unit

The purchase prices of rubber and steel are 1.20 and .80 per pound, respectively. The desired ending inventories of rubber and steel belts are 40000 and 10000 pounds, respectively. The estimated beginning inventories for rubber and steel belts are 46000 and 8000 pounds, respectively.

Prepare a direct materials purchases budget for Safety Grip Company for the year ended in December 31, 2016.