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Passenger Car Truck Rubber 27 lbs. per unit 63 lbs. per unit 10 lbs. per unit Steel belts 4 lbs. per unit The purchase prices
Passenger Car Truck Rubber 27 lbs. per unit 63 lbs. per unit 10 lbs. per unit Steel belts 4 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 41,000 and 9,000 pounds, respectively. The estimated beginning inventories for rubber and steel belts are 48,000 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 lbs. lbs. Truck tires Total pounds available Ibs. lbs. lbs. Ibs. X Total units purchased Unit price Total direct materials to be purchased Passenger Car Truck Rubber 27 lbs. per unit 63 lbs. per unit 10 lbs. per unit Steel belts 4 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 41,000 and 9,000 pounds, respectively. The estimated beginning inventories for rubber and steel belts are 48,000 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 lbs. lbs. Truck tires Total pounds available Ibs. lbs. lbs. Ibs. X Total units purchased Unit price Total direct materials to be purchased
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