Direct Materials Purchases Budget. Anticipated sales for Solid Grip Company nere 31,000 passenger car tires and 9,000 truck tires. Aubber and steel beits are used in producing passenger car and truck tires as follow The purchase prices of niber and steel ave $3,60 and $4,70 per pound, respectively. The desired ending inventories of rubber and steel belts are 29,000 and 6,000 pounds, respectively. The estimated beginning inventories for nuber and steel beits are 34,000 and 5,000 pounds, respectively. Prepare a direct matenals purchases budget for Solid Grip Company for the vear ended December 31, 20v8. When required, enter unit prices to the nearest cent