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Direct materials purchases budget Anticipated sales for Safety Grip Company were 42,000 passenger car tires and 13,000 truck tires. Rubber and steel belts are used
Direct materials purchases budget Anticipated sales for Safety Grip Company were 42,000 passenger car tires and 13,000 truck tires. Rubber and steel belts are used in producing passenger car and truck tires as follows: \begin{tabular}{lcc} & Passenger Car & Truck \\ \hline Rubber & 35 lbs. per unit & 82 lbs. per unit \\ Steel belts & 3 lbs. per unit & 8 lbs. per unit \end{tabular} steel belts are 46,000 and 7,000 pounds, respectively. Prepare a direct materials purchases budget for Safety Grip Company for the year ended December 31, 20Y. Safety Grip Company Direct Materials Purchases Budget For the Year Ending December 31, 20Y9 Line Item Description Pounds required for production: Passenger tires Truck tires Desired inventory, December 31, 20Yg Total pounds available Estimated inventory, January 1, 20Yg Total units purchased Unit price Total direct materials to be purchased Rubber Steel Belts Total Ibs. Ibs. Ibs. Ibs. Ibs. Ibs. x$ x
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