The bag is made by knitting a tube, then decreasing sts to make a flat, circular bottom. A CD is then knitted into the base for support; then handles and a flap are added. Could easily be adapted to knit using circular, magic loop, or even straight needles - I just happened to have dpns around when I made it.

Between 75 - 100 yards of BOTH yarns. I used a ball each, and then a small amount of the next ball. To be on the safe side, get two balls of each.

Note: pattern used dpns.