n commny has projected sales and procduction in units for the second quarter of the coming year as follows: April May June 55,000 45,000 65,000 Production ...65,000 55,000 55,000 Sales Cash-related production costs are budgeted at $7 per unit produced. Of these production costs. are paid in the month in which they are incurred and the balance in the following month imand administrative expenses will amount to $110,000 per month. The accounts payable balance on March 31 totals $193,000, which will be paid in April. All units the are sold on account for $16 each Cash collections from, sales are budgeted at 60% in month of sale, 30% in the month following the month of sale and the remaining 10% in the le. Accounts receivable on April 1 totaled $520.000 second month following the month of sa Required: a. Prepare a schedule for each month showing budgeted cash disbursements for the Tilson from February's sales and the remainder from March). Company b. Prepare a schedule for each month showing budgeted cash receipts for Tilson Company