Tilson Corporation has projected sales and production in units for the second quarter of the coming year as follows: Sales Production April 48,000 58,000 May 38,000 48,000 June 58,00 48.000 Cash-related production costs are budgeted at $4 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 $40,000 per month. The accounts payable balance on March 31 totals $177,000, which will be paid in April, All units are sold on account for 516 each. Cash collections from sales are budgeted at 50% in the month of sale, 35% in the month following the month of sale, and the remaining 15% in the second month following the month of sale. Accounts receivable on April 1 totaled $466,000 (596,000 from February's sales and $370,000 from March's 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 Complete this question by entering your answers in the tabs below. Required A Required B Prepare a schedule for each month showing budgeted cash disbursements for Tilson Corporation, April May Production cost Cash disbursement Production costs this month (45%) Production cout prior month (550) Selling and administrative Total disbursements