Prepare the cash payment budget:

Additional information:

Total direct materials purchases First Second Third Fourth QuarterQuarter Quarter Quarter Total Cash Payments Direct Materials: Accounts Payable balance, December 31, 2016 1st Qtr.-Qtr. 1 direct material purchases paid in Qtr. 1 1st Qtr.-Qtr. 1 direct material purchases paid in Qtr. 2 2nd Qtr.-Qtr. 2 direct material purchases paid in Qtr. 2