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Anticipated sales for Safety Grip Company were 3 5 , 0 0 0 passenger car tires and 1 1 , 0 0 0 truck tires.
Anticipated 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:
tablePassenger Car,TruckRubber lbs per unit, lbs per unitSteel 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
Safety Grip Company
Direct Materials Purchases Budget
For the Year Ending December Y
tableLine Item Description,Rubber,,Steel Belts,TotalPounds required for production:Passenger tires,Ibs.,Ibs.,Truck tiresTotal pounds available,,Ibs.,Ibs.,Total units purchased,,Ibs.,Ibs.,Unit price,,,$Total direct materials to be purchased,,,$
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