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Zisk Company purchases direct matertals on credit. Budgeted purchases are Aprl, $98,000, May, $128,000; and June, $138,000. Cash payments for purchases are: 70% in the

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Zisk Company purchases direct matertals on credit. Budgeted purchases are Aprl, $98,000, May, $128,000; and June, $138,000. Cash payments for purchases are: 70% in the month of purchase and 30% in the first month after purchase. Purchases for March are $88,000. Prepare a schedule of cash payments for direct materials for April, May, and June

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