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Direct materials purchases budget

Anticipated sales for Safety Grip Company were $53,000$ passenger car tires and $16,000$ truck tires. Rubber and steel belts are used in producing passenger car and truck tires as follows:

$\backslash$table$[[,$Passenger Car,Truck$],[$Rubber$,35$ lbs $.$ per unit,$82$ lbs $.$ per unit$],[$Steel belts,$6$ lbs $.$ per unit,$15$ lbs $).$ per unit$]]$

The purchase prices of rubber and steel are $$3\mathrm{.}10$ and $$4\mathrm{.}10$ per pound, respectively. The desired ending inventories of rubber and steel belts are $50,000$ and $11,000$ pounds, respectively. The estimated beginning inventories for rubber and steel belts are $58,000$ and $8,000$ pounds, respectively.

Prepare a direct materials purchases budget for Safety Grip Company for the year ended December $31,20$ Y$.$

Safety Grip Company

Direct Materials Purchases Budget

For the Year Ending December $31,20$ Y $9$

Line Item Description

Pounds required for production:

Passenger tires

Truck tires

Total pounds available

$$

Total units purchased

Unit price

Total direct materials to be purchased

Rubber

Total

$$

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