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Check my worl Tilson Corporation has projected sales and production in units for the second quarter of the coming year as follows: April May 57.000

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Check my worl Tilson Corporation has projected sales and production in units for the second quarter of the coming year as follows: April May 57.000 67,000 77,000 June 77,000 67.000 Production 67.000 Cash-related production costs are budgeted at $6 per unit produced. Of these production costs, 45% are paid in the month in which they are incurred and the balance in the following month. Selling and administrative expenses will amount to $60,000 per month. The accounts payable balance on March 31 totals $184,000, which will be paid in April All units are sold on account for $15 each. Cash collections from sales are budgeted at 50% in the month of sale, 40% in the month following the month of sale, and the remaining 10% In the second month following the month of sale. Accounts receivable on April 1 totaled $652,000 ($112.000 from February's sales and $540,000 from March's sales). Required: a. Prepare a schedule for each month showing budgeted cash disbursements for Tilson Corporation b. Prepare a schedule for each month showing budgeted cash receipts for Tilson Corporation. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a schedule for each month showing budgeted cash disbursements for Tilson Corporation April May June Production cost Required: a. Prepare a schedule for each month showing budgeted cash disbursements for Tilson Corporation. b. Prepare a schedule for each month showing budgeted cash receipts for Tilson Corporation. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a schedule for each month showing budgeted cash disbursements for Tilson Corporation. April May June 14 Production cost Cash disbursement Production costs this month (45%) Production costs prior month (55.0%) Selling and administrative Total disbursements $ 0 $ Required >

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