Anticipated sales for Safety Grip Company were 37,000 passenger car tires and 11,000 truck tires. Rubber and steel belts are used in producing passenger car and truck tires as follows: Rubber Passenger Car Truck 34 lbs. per unit 79 lbs. per unit Steel belts 4 lbs. per unit 10 lbs. per unit The purchase prices of rubber and steel are $3.10 and $4.10 per pound, respectively. The desired ending inventories of rubber and steel belts are 35,000 and 7,000 pounds, respectively. The estimated beginning inventories for rubber and steel belts are 41,000 and 6,000 pounds, respectively. Prepare a direct materials purchases budget for Safety Grip Company for the year ended December 31, 2019. Safety Grip Company Direct Materials Purchases Budget For the Year Ending December 31, 2019 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 x Rubber lbs. Steel Belts Total lbs. lbs. lbs. lbs. lbs. 10