Tilson Corporation has projected sales and production in units

for the second quarter of the coming year as follows:$$Cash$-$related production costs are budgeted at $$6$ per unit

produced. Of these production costs, $40\%$ 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 $$175,000,$

which will be paid in April.All units are sold on account for $$18$ 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 $$444,000($$$94,000$ from February's sales and

$$350,000$ from March$$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