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Anticipated sales for Safety Grip Company were 73,000 passenger car tires and 22,000 truck tires. Rubber and steel belts are used in producing passenger car

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Anticipated sales for Safety Grip Company were 73,000 passenger car tires and 22,000 truck tires. Rubber and steel belts are used in producing passenger car and truck tires according to the following table Truck 75 lbs. per unit 13 lbs. per unit Passenger Car 32 lbs. per unit 5 lbs. per unit Rubber Steel belts The purchase prices of rubber and steel are $2.9 and $3.8 per pound, respectively. The desired ending inventories of rubber and steel belts are 69,000 and 15,000 pounds, respectively. The estimated beginning inventories for rubber and steel belts are 80,000 and 12,000 pounds, respectively Prepare a direct materials purchases budget for Safety Grip Company for the year ended December 31, 20Y9 Safety Grip Company Direct Materials Purchases Budget For the Year Ending December 31, 20Y9 Rubber Steel Belts Total Pounds required for production bs. Passenger tires bs Truck tires Ibs. Total pounds available lbs bs. bs Total units purchased Unit price Total direct materials to be purchased

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