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AnticipaAnticipated sales for Safety Grip Company were 6 7 , 0 0 0 passenger car tires and 2 0 , 0 0 0 truck tires.
AnticipaAnticipated sales for Safety Grip Company were passenger car tires and truck tires. Rubber and steel belts are used in producing passenger car and truck tires as
follows:
The purchase prices of rubber and steel are $ and $ per pound, respectively. The desired ending inventories of rubber and steel belts are and pounds,
respectively. The estimated beginning inventories for rubber and steel belts are and pounds, respectively.
Prepare a direct materials purchases budget for Safety Grip Company for the year ended December
Safety Grip Company
Direct Materials Purchases Budget
For the Year Ending December ted sales for Safety Grip Company were passenger car tires and truck tires. Rubber and steel belts are used in producing passenger car and truck tires as follows:
Line Item Description Passenger Car Truck
Rubber lbs per unit lbs per unit
Steel belts lbs per unit lbs per unit
The purchase prices of rubber and steel are $ and $ per pound, respectively. The desired ending inventories of rubber and steel belts are and pounds, respectively. The estimated beginning inventories for rubber and steel belts are and pounds, respectively.
Prepare a direct materials purchases budget for Safety Grip Company for the year ended December Y
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