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Direct materials purchases budget Anticipated sales for Safety Grip Company were 6 8 , 0 0 0 passenger car tires and 2 0 , 0
Direct materials purchases budget
Anticipated sales for Safety Grip Company were passenger car tires and truck tires. Rubber and steel belts are used in producing passenger car and truck tires as follows:
tablePassenger Car,TruckRubber lbs per unit, per unitSteel belts, per unit, 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 Safety Grip Company for the year ended December
Safety Grip Company
Direct Materials Purchases Budget
For the Year Ending December
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