The purchase prices of rubber and steel are $2.8 and $3.7 per pound, respectively. The desired ending inventories of rubber and steel belts 55,000 and 12,000 pounds, respectively. The estimated pounds, respectively. Prepare a direct materials purchases budget for Sure Grip Tire Company for the year ended December 31, 2016. When required, enter unit prices to the nearest cent. The purchase prices of rubber and steel are $2.8 and $3.7 per pound, respectively. The desired ending inventories of rubber and steel belts 55,000 and 12,000 pounds, respectively. The estimated pounds, respectively. Prepare a direct materials purchases budget for Sure Grip Tire Company for the year ended December 31, 2016. When required, enter unit prices to the nearest cent