DILEE MASTUCHuge Anticipated sales for Safety Grip Company were 48,000 passenger car tires and 14,000 truck tires, Rubber and steel belts are used in producing passenger car and truck tires according to the following table: Passenger Car Truck Rubber 26 lbs. per unit 61 lbs. per unit Steel belts 7 lbs. per unit 18 lbs. per unit The purchase prices of rubber and steel are $2.9 and $3.8 per pound, respectively. The desired ending inventories of rubber and steel belts are 45,000 and 9,000 pounds, respectively. The estimated beginning inventories for rubber and steel belts are $3,000 and 7,000 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 Pounds required for production: Passenger tires lbs. Truck tires Total ibs. Total pounds available lbs. Ibs Total units purchased Ibs. Ibs. Unit price o Total direct materials to be purchased