purchases raw materials on account. Budgeted purchase amounts are: April, $90,000; May, $120,000; and June, $130,000. Payments are made as follows: 75% in the month of purch payable is $32,000. ase and 25% in the month after purchase. The March 31 balance of accounts Prepare a schedule of budgeted cash payments for April, May, and June April May June Current month purchases Ending accounts payable | 75% | 25% Total purchases o S Zisk Co. Schedule of Cash Payments For April, May, and June April May June Cash payments for Current month purchases Prior month purchases Budgeted cash payments for materials