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Materials are paid tor one month atter the month purchased. Materiais purchased in December of lastiyear were $23,000 (halt of $46,000 in sales). Labor costs

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Materials are paid tor one month atter the month purchased. Materiais purchased in December of lastiyear were $23,000 (halt of $46,000 in sales). Labor costs for each of the four months are slightly different due to a provision in the labor contract in which bonuses are paid in February and April. The labor figures are Fixed overhead is 59,000 per month Prepare a schedule of cash payments for January through Aprit Note: Assume the $270,000 of sales occur equally over the four months of January through April, i.e. Monthly sales =$270,000I

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