Anticipated sales for Safety Grip Company were 55,000 passenger car tires and 17,000 truck tires. Rubber and steel belts are used in producing passenger car and truck tires as follows: Line Item Description Passenger Car Truck Rubber 25 lbs. per unit 58 lbs. per unit Steel belts 4 lbs. per unit 10 lbs. per unit The purchase prices of rubber and steel are $3.60 and $4.70 per pound, respectively. The desired ending inventories of rubber and steel belts are 52,000 and 11,000 pounds, respectively. The estimated beginning inventories for rubber and steel belts are 61,000 and 9,000 pounds, respectively. Prepare a direct materials purchases budget for Safety Grip Company for the year ending December 31, 20Y9 Safety Grip Company Direct Materials Purchases Budget For the Year Ending December 31, 20Y9 Line Item Description Rubber Steel Belts Total Pounds required for production: Passenger tires Passenger tires lbs. Passenger tires lbs. Truck tires Truck tires Truck tires - Select - - Select - Total pounds available Total pounds available lbs. Total pounds available lbs. - Select - - Select - Total units purchased Total units purchased lbs. Total units purchased lbs. Unit price x $Unit price x $Unit price Total direct materials to be purchased $Total direct materials to be purchased $Total direct materials to be purchased $Total direct materials to be purchased