Anticipated sales for Safety Grip Company were 34,000 passenger car tires and 10,000 truck tires Rubber and steel belts are used in producing passenger car and truck tires as follows: Passenger Car Truck Rubber 33 lb, per unit 77 ib. per unit Steel belts 3 lb, per unit 8 ib. per unit The purchase prices of rubber and steel are $3.7 and $4.8 per pound, respectively. The desired ending inventories of rubber and steel belts are 32,000 and 7,000 pounds respectively. The estimated beginning wewentories for rubber and steel belts are 37,000 and 5,000 pounds, respectively, Prepare a direct materials purchases budget for Safety Grip Company for the year ended December 31, 2016. When required, enter unit prices to the nearest cent Safety Grip Company Direct Materials Purchases Budget For the Year Ending December 31, 2018 Rubber Pounds required for production Passenger tires Truck tires Plus denied inventory, December 20Y Total pounds required Less estimated inventory January 1, 208 Total units purchased Unit price Steel Belts Total D. ib Ib . Total direct materials to be purchased 0