Tilson Corporation has projected sales and production in units for the second quarter of the coming year as follows: May Sales Production April 43,000 53,000 12,000 12,000 June 12,000 12,000 Cash-related production costs are budgeted at $9 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 $70,000 per month. The accounts payable balance on March 31 totals $172,000, which will be paid in April All units are sold on account for $21 each. Cash collections from sales are budgeted at 60% in the month of sale, 20% in the month following the month of sale, and the remaining 20% in the second month following the month of sale. Accounts receivable on April 1 totaled $411,000 ($91,000 from February's sales and $320,000 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 477,000 $ May 108,000 $ June 108,000 $ $ 166,950 $ Production cost Cash disbursement Production costs this month (35%) Production costs prior month (65.0%) Selling and administrative Total disbursements 37,800 $ 310,050 70,000 417,850 $ 37.800 70.200 70.000 178,000 242,000 408,950 $ $ Required >