TB Problem Qu, 8-217 (Algo) Tilson Corporation hos projected sales and... Tilson Corporation has projected sales and production in units for the second quarter of the coming yeat as follows. Cash-related production costs are budgeted at $6 per unit produced, Of these production costs, 405 are paid in the month in which they are incurred and the balance in the following month. Selling and administrative expenses will amount to 560.000 per month. The accounts payable balance on March 31 totals $178,000. Which will be paid in April: All units are sold on account for $15 each. Cash collections from sales are budgeted at 60% in the month of sale, 30% in the month following the month of sale, and the remaining 10% in the second month following the month of sale. Accounts receivable an April 1 totaled $477,000 (\$97,000 from February's sales and $380,000 from March's sales). Required: a. Prepare a schectule for each month showing budgeted cash disbursements for Tilson Corporation. b. Prepate a schedule for each month showing budgeted cash receipts for Tilson Corporation Complete this question by entering your answers in the tabs below. Propare a schedule foc each month showing budgeted cash recelpts for Twen Corporation