Anticipated sales for Safety Grip Company were 60,000 passenger car tires and 18,000 truck tires. Rubber and steel belts are used in producing passenger car and truck tires according to the following table: Passenger Car Truck Rubber 31 lbs. per unit 72 lbs. per unit Steel belts 7 lbs. per unit 18 lbs. per unit The purchase prices of rubber and steel are $3.5 and $4.6 per pound, respectively. The desired ending inventories of rubber and steel belts are 56,000 and 12,000 pounds, respectively. The estimated beginning inventories for rubber and steel belts are 66,000 and 10,000 pounds, respectively. Prepare a direct materials purchases budget for Safety Grip Company for the year ended December 31, 20Y9. Safety Grip Company Direct Materials Purchases Budget For the Year Ending December 31, 20Y9 Rubber Steel Belts Total Pounds required for production: Passenger tires lbs. lbs. Truck tires Total pounds available lbs. lbs. Total units purchased lbs. lbs. Unit price x $ x $ Total direct materials to be purchased $ $ $ Check My Work