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

	April	May	June
Sales	52,000	42,000	62,000
Production	62,000	52,000	52,000

Cash-related production costs are budgeted at $6 per unit produced. Of these production costs, 25% 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 $181,000, which will be paid in April.

All units are sold on account for $12 each. Cash collections from sales are budgeted at 50% in the month of sale, 25% in the month following the month of sale, and the remaining 25% in the second month following the month of sale. Accounts receivable on April 1 totaled $525,000 ($115,000 from February's sales and $410,000 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.

Required A Required B Prepare a schedule for each month showing budgeted cash disbursements for Tilson Corporation. April May June Production cost Cash disbursement: Production costs this month (25%) Production costs prior month (75.0%) Selling and administrative Total disbursements $ 0 $ 0 $ quired Required B > April May June Total sales Cash receipts: February sales March sales April sales May sales June sales Total receipts 0 $ 0 $