Question: Please answer the following and show all the work and steps used to found each answer. Cash-related production costs are budgeted at $5 per unit

Please answer the following and show all the work and steps used to found each answer.Please answer the following and show all the work and steps usedto found each answer. Cash-related production costs are budgeted at $5 per

Cash-related production costs are budgeted at $5 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 $50,000 per month. The accounts payable balance on March 31 totals $182,000, which will be paid in April. All units are sold on account for $11 each. Cash collections from sales are budgeted at 60% in the month of sale, 30% in the month following the month of sale, and the remaining 10% in the second month following the month of sale. Accounts receivable on April 1 totaled $674,000 ( $114,000 from February's sales and $560,000 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. Prepare a schedule for each month showing budgeted cash disbursements for Tilson Corporation. Prepare a schedule for each month showing budgeted cash receipts for Tilson Corporation

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