Direct Materials Purchases Budget Anticipated sales for Sure Grip Tire Company were 65,000 passenger car tires and 20,000 truck tires. Rubber and steel belts are used in producing passenger car and truck tires according to the following table: Passenger CarTruck Rubber 25 lbs. per unit 50 lbs. per unit Steel belts 5lbs. per unit 13 lbs. per unit The purchase pnces of rubber and steel are?3.4 and $4.5 per pound, respectively. The desired ending inventones of rubber and steel belts are 61,000 and 13,000 pounds, respectively. The esbmated begining Inventories for rubber and steel belts are 72,000 and 11,000 pounds, respectively, Prepare a direct materials purchases budget for Sure Grip Tire Comparny for the year ended December 31, 2016. When required, enter unit prices to the nearest cent Sure Girb Tre Company Orect Materals Purchases Budget For the Year Ending Dacember 31, 2016 Rubber Steel Belts Total Pounds required for production: Passenger tres Truck tires Total bs. Total units purchased Unit price Total drect truterias to be purchased S(