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The purchsse prices of rubber and steel are $2.9 and $3.8 per pound, respectively, The desired ending inventories of rubber and steel belts are 38,000

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The purchsse prices of rubber and steel are $2.9 and $3.8 per pound, respectively, The desired ending inventories of rubber and steel belts are 38,000 and 8,000 pounds, respectively. The estimated beginning inventeries for rubber and steel belts are 44,000 and 6,000 pounds, respectively. Prepare a direct materials purchases budget for Safety Grip Company for the year ended December 31, 20rg

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