The Boswell Corporation forecasts its sales in units for the next four months as follows:

$\backslash$table$[[$March$,8,000],[$April$,10,000],[$May$,7,500],[$June$,6,000]]$

Boswell maintains an ending inventory for each month in the amount of one and one$-$half times the expected sales in the following month. The ending inventory for February $($March$\text{'}$s beginning inventory$)$ reflects this policy. Materials cost $$5$ per unit and are paid for in the month after production. Labour cost is $$9$ per unit and is paid for in the month incurred. Fixed overhead is $$13,000$ per month. Dividends of $$20,200$ are to be paid in May. Seven thousand units were produced in February.

a$.$ Complete a production schedule for March, April, and May. $($Enter all values as positive value.$)$

Boswell Corporation

Production Schedule

Desired ending inventory

Beginning inventory

b$.$ Complete a summary of cash payments for March, April, and May.

Boswell Corporation

Cash Payments

Fohnianv

Marrh

$il$

Mav

$7$ of $18$

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