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Zisk Company purchases direct materials on credit. Budgeted purchases are April, $92000; May, $122.000; and June $132.000 Cash payments for purchases are: 70% in the

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Zisk Company purchases direct materials on credit. Budgeted purchases are April, $92000; 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. 0:29:35 ZISK COMPANY Schedule of Cash Payments for Direct Materials April May Malenals purchases Cash payments for June Total cash payments

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