Question 2 Not yet graded / 1 pt: Edwards Company has projected sales and production in units for the second quarter of the year as follows: Sales Production Apr 30,000 25,000 May 20,000 25,000 June 25,000 30,000 Required: Cash production costs are budgeted at $6 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 (all paid in cash) amount to $60,000 per month. The accounts payable balance on March 31 totals $96,000, all of which will be paid in April. Prepare a schedule for each month showing budgeted cash disbursements for Edwards Company, Your