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dont cut off answers Zisk Company purchases direct materials on credit. Budgeted purchases are April, $93,000; May, $123,000; and June, $133,000. Cash payments for purchases

dont cut off answers
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Zisk Company purchases direct materials on credit. Budgeted purchases are April, $93,000; May, $123,000; and June, $133,000. Cash payments for purchases are: 75% in the month of purchase and 25% in the first month after purchase. Purchases for March are $83,000. Prepare a schedule of cash payments for direct materials for April, May, and June. ZISK COMPANY Schedule of Cash Payments for Direct Materials April May Materials purchases Cash payments for: Total cash payments June

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