Tilson Corporation has projected sales and production in units for the second quarter of the coming year as follows: Sales Production April 48,eee 58,eee May 38,888 48,000 June 58, eee 48, eee 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 $16 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 ($96,000 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 June Production cos: Cash asbursement Production costs this month 459 Froduction costs oror month 55.0 Se ne 20 20minstrative Teta discursements 17 Next