Zisk Company purchases direct materials on credit. Budgeted purchases are April, $92.000; May, $122.000; and June. $132,000. Cash payments for purchases are: 70% In the month of purchase and 30% In the first month after purchase. Purchases for March are $82,000 Prepare a schedule of cash payments for direct materials for April May, and June. April May June Current period purchases Ending accounts payable Total purchases 70% 3096 $ $ 0 $ 0 June ZISK COMPANY Schedule of Cash Payments for Direct Materials April May Cash payments for Current period purchases Pnor period purchases Total cash payments Electro Company manufactures transmissions for electric cars. Management reports ending finished goods inventory for the first quarter at 113,700 units. The following unit sales are budgeted during the rest of the year second quarter, 379.000 units; third quarter, 453,000 units, and fourth quarter. 424.000 units. Company policy calls for the ending finished goods inventory of a quarter to equal 30% of the next quarter's budgeted unit sales. Prepare a production budget for both the second and third quarters that shows the number of transmissions to manufacture. ELECTRO COMPANY Production Budget Second Quarter Third Quarter Next penod budgeted sales units Units to produce