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Tilson Corporation has projected sales and production in untts for the second quarter of the coming year as follows Sales Production April 45,000 55,00 35,000

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Tilson Corporation has projected sales and production in untts for the second quarter of the coming year as follows Sales Production April 45,000 55,00 35,000 45,000 June 55,000 45,000 Cash-related production costs are budgeted at $7 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 $70,000 per month. The accounts payable balance on March 31 totals $174,000, which will be paid in April. All units are sold on account for $19 each. Cash collections from sales are budgeted at 50% in the month of safe, 30% 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 totaled $433.000 (593,000 from February's sales and $340,000 from March's sales). Required: a. Prepare a schedule for each month showing budgeted cash disbursements for Tison 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 a Prepare a schedule for each month showing budgeted cash disbursements for Tilson Corporation. April May June Production COS! Cash disbursement Production costs this month (259) Production costs prior month (5.0%) Selling and administrative Total disbursements $ 0 3 0 $ Required 3 > Required: a. Prepare a schedule for each month showing budgeted cash disbursements for Tuson 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 receipts for Tilson Corporation. April May June Total sales Cash receipts February sales Maroh sales April sales May sales June sales $ $ 05 23 Total receipts

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