eBook Calculator Direct Materials Purchases Budget Anticipated sales for Safety Grip Company were 48,000 passenger car tires and 14,000 truck tires. Rubber and steel belts are used in producing passenger car and truck tires as follows: Passenger Car Truck Rubber 31 lbs. per unit 72 lbs. per unit Steel belts 3 lbs. per unit 8 lbs. per unit The purchase prices of rubber and steel are $3.50 and $4.60 per pound, respectively. The desired ending inventories of rubber and steel belts are 45,000 and 9,000 pounds, respectively. The estimated beginning inventories for rubber and steel belts are 53,000 and 7,000 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 Ibs Truck tires Total pounds available bs Ibs Total units purchased Ibs Ibs Un price X Check My Work 1 more Check My Work uses remaining Previous eBook Calculator Passenger Car Truck Rubber 31 lbs. per unit 72 lbs. per unit Steel belts 3 lbs. per unit lbs. per unit The purchase prices of rubber and steel are $3.50 and $4.60 per pound, respectively. The desired ending inventories of rubber and steel belts are 45,000 and 9,000 pounds, respectively. The estimated beginning inventories for rubber and steel belts are 53,000 and 7,000 pounds, respectively. Prepare a direct materials purchases budget for Safety Grip Company for the year ended December 31, 2049. Safety Grip Company Direct Materials Purchases Budget For the Year Ending December 31, 2049 Rubber Steel Belts Pounds required for production Passenger tires Truck tires Total ibs Total pounds available Ibs lbs. Total units purchased lbs Unit Price Total direct materials to be purchased Check My Workmore Check My Work uses remaining