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Anticipated sales for Safety Grip Company were 4 2 , 0 0 0 passenger car tires and 1 9 , 0 0 0 truck tires.

Anticipated sales
for Safety Grip Company were 42,000 passenger car tires and 19,000
truck tires. Rubber and steel belts are used in producing passenger
car and truck tires according to the following table:
The purchase prices
of rubber and steel are $1.20 and $0.80 per pound, respectively.
The desired ending inventories of rubber and steel belts are 40,000
and 10,000 pounds, 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 Safety Grip Company for the year ended
December 31,2014. When required, enter unit prices to the nearest
cent.Prepare a direct materials
purchases budget for Safety Grip Company for the year ended
December 31,2014. When required, enter unit prices to the nearest
cent.Prepare a direct materials
purchases budget for Safety Grip Company for the year ended
December 31,2014. When required, enter unit prices to the nearest
cent.Prepare a direct materials
purchases budget for Safety Grip Company for the year ended
December 31,2014. When required, enter unit prices to the nearest
cent.Prepare a direct materials
purchases budget for Safety Grip Company for the year ended
December 31,2014. When required, enter unit prices to the nearest
cent.

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