Anticipated sales for Salety Grip Company were 3,000 palcinger car tires and 10,000 truck tires. Rubber and steel beks are used in producine pasterger ter and truck tires as follows: Passenger Car Truck Rubber 33 lbs. per unit 72 lbs. per unit Steel belts 7lbs. per unit 18 lbs, per unit The purchase prices of rubber and steel are $3:20 and $4.20 per pound, respectively. The desired ending inventores of rubber and steel belts are 31,000 and 7,000 pounds. respectively. The estimated beginning inventones for rubber and steel belts are 36,000 and 5,000 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 Total Pounds required for production: Passenger tires 10,890.000 X is 231.000 Vibs. 770.000 180.000 / 31.000 7.000 Truck tires Desired inventory, December 31, 2049 Total pounds available Desired inventory, January 1, 2019 1.890.000 lbs +18.000 lbs -36.000 45.000 Total units purchased 1,854,000 lbs 415.000 lbs Unit Price 3.2 5932.00 1.234.00 Total direct materials to be purchased 7667,409