Tilson Corporation has projected sales and production in units for the second quarter of the coming year as follows: Sales Production April 50,000 May June 40,000 60,000 60,000 50,000 50,000 Cash-related production costs are budgeted at $8 per unit produced. Of these production costs, 35% are paid in the month in which they are incurred and the balance in the following month. Selling and administrative expenses will amount to $80,000 per month. The accounts payable balance on March 31 totals $179,000, which will be paid in April. All units are sold on account for $14 each. Cash collections from sales are budgeted at 75% in the month of sale, 15% 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 $488,000 ($98,000 from February's sales and $390,000 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 April May June Production cost $ 480,000 $ 400,000 $400,000 Cash disbursement: Production costs this month (35%) $ 168,000 $ 140,000 $ 140,000 Production costs prior month (65.0%) 179,000 312,000 260,000 Selling and administrative 80,000 80,000 800,000 Total disbursements $ 427,000 $ 532,000 $1,200,000