I would like to have a detailed step by step answer for this question please. In each schedule I want to know where did the numbers come from (what numbers were multiplied, etc) EXPLANATION OF CALCULATIONS IS REQUIRED PLEASE

QUESTION Hut Corp has projected sales and production in units for the second quarter of the coming year as follows: In Units June April 70,000 Sales May 60,000 70,000 80,000 70,000 Production 80,000 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Cash-related production costs are budgeted at $8 per unit produced. Of these production costs, 40% are paid in the month in which they are incurred and the balance in the following month. Selling and administrative expenses will amount to $150,000 per month. The accounts payable balance on March 31 totals $190,000, which will be paid in April. All units are sold on account for $24 each. Cash collections from sales are budgeted at 60% in the month of sale, 30% in ithe month following the month of sale, and the remaining 10% in the second month following the month of sale. Accounts receivable on April 1 totalled $500,000 ($90,000 from February's sales and $410,000 from March's sales). REQUIRED A. Prepare a schedule for each month showing budgeted cash disbursements for Hut Corp. B. Prepare a schedule for each month showing budgeted cash receipts for Hut Corp. SOLUTION