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Anticipated sales for Solid Grip Company were 6 2 , 0 0 0 passenger car tires and 1 9 , 0 0 0 truck tires.
Anticipated sales for Solid Grip Company were passenger car tires and truck tires. Rubber and steel belts are used in producing passenger car and truck tires as follows:
Passenger Car Truck
Rubber lb per unit lb per unit
Steel belts lb per unit lb 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 Solid Grip Company for the year ended December Y When required, enter unit prices to the nearest cent.
Solid Grip Company
Direct Materials Purchases Budget
For the Year Ending December Y
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