Cash Payments Schedule Fein Company provided the following information relating to cash payments: a. Fein purchased direct materials on account in the following amounts: b. Fein pays 20% of accounts payable in the month of purchsse and the remaining 80% in the following month. E. In July, direct labor cost was $32,300. August direct labor cost was $35,400. The company finds that typically 90% of direct labor coct is paid in cash duning the month, with the remainder paid in the following month. d. August overhead amounted to $74,200, induding $6,350 of depreciation. 6. Fein had taken out a 4 -month losn of $15,000 on May 1 . Interest, due with payment of principal, accrued at the rate of 9% per year. The loan and all interest were repaid on August 31. (Note: Use whole months to compute interest payment.) roore Check My Work uses remaining