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2 Zisk Company purchases direct materials on credit. Budgeted purchases are April, $99,000; May, $129,000; and June, $139,000. Cash payments for purchases are: 70% in

2 Zisk Company purchases direct materials on credit. Budgeted purchases are April, $99,000; May, $129,000; and June, $139,000. Cash payments for purchases are: 70% in the month of purchase and 30% in the first month after purchase. Purchases for March are $89,000. Prepare a schedule of cash payments for direct materials for April, May, and June. 16.7 points eBook ZISK COMPANY Schedule of Cash Payments for Direct Materials April May Materials purchases Cash payments for Total cash payments June
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Zisk Company purchases direct materials on credit Eludgeted purchases are April, $99,000; May, $129,000; and June, $139,000. Cash payments for purchases are 70% in the month of purchase and 30% in the first month after purchase. Purchases for March are $89.000 Prepare a schedule of cash payments for direct materials for April, Masy, and June

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