Kasson Company has budgeted units to be produced for the next five months as follows: Kasson Company used the following information in creating its master budget for the year: 1. Ending direct materials inventory for each month should be equal to 140% of the next month's production needs. 2. Each unit produced requires 2.5 pounds of direct materials. 3. Direct materials are purchased for $3.20 per pound. Calculate the cost of direct materials budgeted to be purchased in June