Anticipated sales for Safety Grip Company were 72,000 passenger car tires and 22,000 truck tires. Rubber and steel belts are used in producing passenger car and truck tires as follows: Passenger Car Truck Rubber 35 lbs. per unit 2 lbs. per unit Steel belts 4 lbs. per unit 10 lbs, per unit The purchase prices of rubber and steel are $3.00 and $3.90 per pound, respectively. The desired ending inventories of rubber and steel belts are 68,000 and 15,000 pounds, respectively. The estimated beginning inventories for rubber and steel belts are 79,000 and 12,000 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 Ruuber Steel Belts Total Pounds required for production Passenger tires Ibs Ibs Truck tires bs Ibs Total pounds available lbs Ibs Total units purchased Unit price Total direct materials to be purchased