Direct Materiats Purchases Budigot. Anticipated sales for Safety Grip Company were 55,000 passenger car tires and 17,000 truck tires. Rubber and steed beits are used in producing passenger car and truck tires as follows: The purchase prices of nubber and steel are $3 and $3.9 per pound, respectively. The desired ending inventories of rubber and steel belts are 52,000 and 11,000 pounds, respectively. The estimated beginning inventories for rubber and steel belts are 61,000 and 9,000 pounds, respectively. Prepare a direct materials purchases budget for Safety Grip Company for the year ended December 31, 20YB, When required, enter unit prices to the nearest cent