Direct-materials purchases budget Anticipated sales for Safety Grip Company were 74,000 passenger car tires and 22,000 truck tires. Rubber and steel belts are used in producing passenger car and truck tires as follows: The purchase prices of rubber and steel are $3.00 and $3.90 per pound, respectively. The desired ending inventories rubber and steel belts are 70,000 and 15,000 pounds, respectively. The estimated beginning inventories for rubber an steel belts are 81,000 and 12,000 pounds, respectively