10

Yotko Company budgeted drect maserials purchases of $191,640 in January and $138, 420 in February. Assume Yosko pays for drect maten als purchases 90% in the month of purchase and 10% in the month aher purchase. The Accounts Payable balance on January 1 is $45,000. Prepare a schedule of cash payments for purchases tor January and February. Round to the nearest dollar. Begin by computing the total cash payments for diect materials for Jaruary and February. Then, compule the Aocounts Payable balance at February 28 . (Round all amounts you ontec into the budget to the nearest whole dolac. If an input teld is pot used in the table leave the inpul feed erppty, do not enter a zero.)