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What am I am missing? (Red X) Zisk Company purchases direct materials on credit. Budgeted purchases are April, $85,000; May, $115,000; and June, $125,000. Cash

What am I am missing? (Red "X")

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Zisk Company purchases direct materials on credit. Budgeted purchases are April, $85,000; May, $115,000; and June, $125,000. Cash payments for purchases are: 75% In the month of purchase and 25% In the first month after purchase. Purchases for March are $75,000. Prepare a schedule of cash payments for direct materials for April, May, and June. x Answer is complete but not entirely correct. April May June Current period purchases 75% $ 63.750 )$ 86.250 S 93.750 Ending accounts payable 25% 21.250 28.750 31.250 Total purchases $ 85,000 S 115.000 125,000 Zisk Co Schedule of Cash Payments for Direct Materials April May June Cash payments for: Current period purchases 63.750 S 86.250 S 93.750 Prior period purchases 27,000 21.250 28.750 90.750 122,500 Total cash payments S 107.500

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