Anticipated sales for Safety Grip Company were 60,000 passenger car tires and 18,000 truck tires. Rubber and steel belts are used in producing penger car widt bres as follows: Passenger Car Truck Rubber 34 lbs. per unit 79 lbs. per unit Steel belts 3 lbs. per unit 8 lbs, per unit The purchase prices of rubber and steel are $3.10 and $4.10 per pound, respectively. The desired ending inventories of rubber and steel belts are 56,000 and 12.000 pounds, respectively. The estimated beginning inventories for rubber and steel belts are 65,000 and 10,000 pounds, respectively Prepare a direct materials purchases budget for Safety Grip Company for the year ended December 31, 2019 Safety Grip Company Direct Materials Purchases Budget For the Year Ending December 31, 2019 Rubber Steel Belts Total Pounds required for production: Passenger tires 2,040,000 lbs. 180.000 lbs Truck tires 1422,000 140.000 55.000 12,000 Total pounds available 66,000 lbs. 10.000 lbs 122.000 23,000 34 lbs. 79 lbs. Total units purchased x $ X 410 Unit price $ Total direct materials to be purchased Previous Next in mor Check My Work uses remaining