1. Direct Materials Purchases Budget

   Anticipated sales for Safety Grip Company were 38,000 passenger car tires and 11,000 truck tires. Rubber and steel belts are used in producing passenger car and truck tires as follows:

   	Passenger Car	Truck
   Rubber	26 lbs. per unit	61 lbs. per unit
   Steel belts	3 lbs. per unit	8 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 36,000 and 7,000 pounds, respectively. The estimated beginning inventories for rubber and steel belts are 42,000 and 6,000 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	Steel Belts	Total
   Pounds required for production:
   Passenger tires	fill in the blank 1 lbs.	fill in the blank 2 lbs.
   Truck tires	fill in the blank 3	fill in the blank 4
   Desired inventory, December 31, 20Y9	fill in the blank 6	fill in the blank 7
   Total pounds available	fill in the blank 8 lbs.	fill in the blank 9 lbs.
   	fill in the blank 11	fill in the blank 12
   Total units purchased	fill in the blank 13 lbs.	fill in the blank 14 lbs.
   Unit price	x $fill in the blank 15	x $fill in the blank 16
   Total direct materials to be purchased	$fill in the blank 17	$fill in the blank 18	$fill in the blank 19