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Tilson Corporation has projected sales and production in units for the second quarter of the coming year as follows Sales Peodaction 62,000 52,000 72.000 72,000

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Tilson Corporation has projected sales and production in units for the second quarter of the coming year as follows Sales Peodaction 62,000 52,000 72.000 72,000 62,000 62,000 production costs are budgeted at $4 per unit produced Of these production costs, 40% are paid in the month in which in the following month. Selling and administrative expenses will amount to $40,000 per month. The they are incured and the balance follo accounts payable balance on March 31 totals $189,000, which will be paid in Apni All units are sold on account for $16 each. Cash collections tom sales are budgeted at 30% in the following the month of sale, and the remaining 50% in the second month following the totaled $597,000 ($107000 from February's sales and $490,000 from March's sales) month of sale, 20% in the month recevable on Apr 1 month of sale Accounts Required: a Prepere a schedule for each month showing budgeted cash disbursements for Tilson Corporation Complete this question by entering your answers in the tabs below. Requred A Required B Prepare a schedule for each month showing budgeted cash receipts for Tison Cosporation.. Cash receipts 7000 . Prev 13 of 42 Next > Type here to search 8 9 0

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