Anticipated sales for Safety Grip Company were 70,000 passenger car tires and 21,000 truck tires. Rubber and steel belts are used in producing passenger car and truck tires as follows:

tres as follows: Passenger Car Truck Steel belts Total Rubber 32 lbs per unit 75 lbs. per unit 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 ar 66,000 and 14,000 pounds, respectively. The estimated beginning Inventories for rubber and steel belts are 77,000 and 11,000 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 Rubber Steel Belts Pourds required for production: Passenger tires Truck tires Desired Inventory, December 31, 2019 Total pounds available Estimated Inventory, January 1, 2019 Total units purchased Unit price Total direct materials to be purchased Ibs Ibs lbs. bis ibus. lbs o