A company budgets direct materials purchases for the next three months as follows. All purchases are on credit. Cash payments for direct materials purchases are 80% in the month of purchase and 20% in the m- after purchase. April direct materials purchases are $81,800. May $ 78,800 July $ 85,800 Prepare a schedule of cash payments for direct materials for May, June, and July. Direct materials purchases June $ 91,800

A company budgets direct materials purchases for the next three months as follows. All purchases are on credit. Cash payments for direct materials purchases are 80% in the month of purchase and 20% in the m after purchase, April direct materials purchases are $81,800. Prepare a schedule of cash payments for direct materials for May, June, and July