Kasson company has budgeted units to be produced for the next five months as follows:

budgeted units to be produced
june 23,000
july 19,000
august 36,000
september 14,000
october 27,000

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 3 pounds of direct materials.
3. direct materials are purchased for $2.50 per pound.

assume kasson company pays for 40% of a month's purchase of direct materials in the month of purchase and the other 60% is paid in the following month. calculate kasson company's budgeted accounts payable at june 30.