Tilson Corporation has projected sales and production in units for the second quarter of the coming year as follows:

	April	May	June
Sales	67,000	57,000	77,000
Production	77,000	67,000	67,000

Cash-related production costs are budgeted at $6 per unit produced. Of these production costs, 45% are paid in the month in which they are incurred and the balance in the following month. Selling and administrative expenses will amount to $60,000 per month. The accounts payable balance on March 31 totals $184,000, which will be paid in April.

All units are sold on account for $15 each. Cash collections from sales are budgeted at 50% in the month of sale, 40% in the month following the month of sale, and the remaining 10% in the second month following the month of sale. Accounts receivable on April 1 totaled $652,000 ($112,000 from February's sales and $540,000 from Marchs sales).

Required:

a. Prepare a schedule for each month showing budgeted cash disbursements for Tilson Corporation.

b. Prepare a schedule for each month showing budgeted cash receipts for Tilson Corporation.

Prepare a schedule for each month showing budgeted cash disbursements for Tilson Corporation.

	April	May	June
Production cost
Cash disbursement:
Production costs this month (45%)
Production costs prior month (55.0%)
Selling and administrative
Total disbursements	$0	$0	$0

Prepare a schedule for each month showing budgeted cash receipts for Tilson Corporation.

	April	May	June
Total sales
Cash receipts:
February sales
March sales
April sales
May sales
June sales
Total receipts	$0	$0	$