Truck Direct Materials Purchases Budget Anticipated sales for Safety Grip Company were 60,000 passenger car tires and 18,000 truck tires. Rubber and steel belts are used in producing passenger car and truck tires as follows: Passenger Car Rubber 25 lbs. per unit 58 lbs. per unit Steel bets Sibs. per unit 13 lbs. per unit The purchase prices of rubber and steel are $3.20 and $4.20 per pound, respectively. The desired ending inventories of rubber and steel belts are 56,000 and 12,000 pounds, respectively. The estimated beginning inventories for rubber and steel belts are 66,000 and 10,000 pounds, respectively. Prepare a direct materials purchases budget rot Safety Grip Company for the year ended December 31, 2010. Safety Grip Company Direct Materials Purchases Budget For the Year Ending December 31, 2019 Rubber Steel Belts Pounds required for production Passenger tires Truck tires Total lbs. lbs. Total pounds available lbs. Ibs Total units purchased lbs. lbs Unit price X$ Total direct materials to be purchased Check My Work 2 more Check My Work uses remaining Previous Next >