Direct Materials Purchases Budget 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 passenger car and truck tires as follows: Passenger Car Truck Rubber 30 lbs. per unit 70 lbs. per unit Steel belts 4 lbs. per unit 10 lbs. per unit The purchase prices of rubber and steel are $3,40 and $4,50 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 66,000 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 lbs. lbs Truck tires Total pounds available lbs Tbs Total units purchased lbs. Ibs Unit price Total direct materials to be purchased o Direct Materials Purchases Budget Tobin's Frozen Pizza Inc has determined from its production budget the following estimated production volumes for 12" and 16" frozen pizzas for November Units 12" Pizza 16" Pizza Budgeted production volume 15,600 24,500 There are three direct materials used in producing the two types of pizza. The quantities of direct materials expected to be used for each pizza are as follows: 12" Pizza 16" Pizza Direct materials Dough 0.90 lb. per unit 1.50 lbs. per unit Tomato 0.60 1.00 Cheese 0.80 1.30 In addition, Tobin's has determined the following information about each material: Dough Tomato Cheese Estimated inventory, November 1 600 lbs 160 lbs. 370 lbs Desired Inventory, November 30 630 lbs 160 lbs 400 lbs Price per pound $1.50 $2.60 $3.40 Prepare November's direct materials purchases budget for Tobin's Frozen Pizza Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign Tobin's Frozen Pizza Inc Direct Materials Purchases Budget EN MEN