Direct materials purchases budget Anticipated sales for Safety Grip Company were 54,000 passenger car tires and 16,000 truck tires. Rubber and steel belts are used in producing passenger car and truck tires as follows: Passenger Car 27 lbs. per unit 6 lbs. per unit Truck Rubber 63 lbs. per unit Steel belts 15 lbs. per unit The purchase prices of rubber and steel are $3.00 and $3.90 per pound, respectively. The desired ending Inventories of rubber and steel belts are 51,000 and 11,000 pounds, respectively. The estimated beginning Inventories for rubber and steel belts are 59,000 and 8,000 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 Line Item Description Pounds required for production: Passenger tires Truck tires Total pounds available Total units purchased Unit price Total direct materials to be purchased $ lbs. lbs. lbs. Steel Belts XS lbs. lbs. lbs. Total

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