Direct materials purchases budget

Anticipated sales for Safety Grip Company were $51,000$ passenger car tires and $15,000$ truck tires. Rubber and steel belts are used in producing passenger car and truck tires as follows:

$\backslash$table$[[,$Passenger Car,Truck$],[$Rubber$,35$ lbs$.$ per unit,$82$ lbs$.$ per unit$],[$Steel belts,$6$ lbs$.$ per unit,$15$ lbs$.$ per unit$]]$

The purchase prices of rubber and steel are $$3\mathrm{.}60$ and $$4\mathrm{.}70$ per pound, respectively. The desired ending inventories of rubber and steel belts are $48,000$ and $10,000$ pounds, respectively. The estimated beginning inventories for rubber and steel belts are $56,000$ and $8,000$ pounds, respectively.

Prepare a direct materials purchases budget for Safety Grip Company for the year ended December $31,20$ Y$9.$

Safety Grip Company

Direct Materials Purchases Budget

For the Year Ending December $31,20$ Y$9$

Line Item Description

Pounds required for production:

Passenger tires

Truck tires

Rubber

Steel Belts

$x$ lbs$.$ Ibs.

Ibs. Ibs.

Total units purchased

Ibs.

Ibs.