ttps:/ewconnect.r h education.com flow connect.html?return rl https%3A%2F%2Fconnect.r h education.com%2Fpaan eb%2F Tilson Corporation has projected sales and production in units for the second quarter of the coming year as follows: 60,000 70,000 60,000 60,000 50,000June Production Cash-related production costs are budgeted at $8 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 $80,000 per month. The accounts payable balance on March 31 totals $191,000, which will be paid in April. All units are sold on account for $14 each. Cash collections from sales are budgeted at 60% in the month of sale, 30% n the month following the month of sale, and the remaining 10% in the second month following the month or sale. Afcounts recevable on April 1 totaled $575,000 ($105,000 from February's sales and $470,000 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 Tilison 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 Production cost Cash disbursement Production costs this month (45%) Producton costs prior month (550%) Selling and administraive Prey 17 of 19l Next > 6 2 3 4 Tilson Corporation has projected sales and production in units for the second quarter of the coming y June 70,000 April May 50,000 Sales Production 60,000 70,000 60,000 60,000 Cash-related production costs are budgeted at $8 per unit produced. Of these production costs, 45% a they are incurred and the balance in the following month. Selling and administrative expenses will amo accounts payable balance on March 31 totals $191000, which will be paid in April. All units are sold on account for $14 each. Cash collections from sales are budgeted at 60% in the mont following the month of sale, and the remaining 10% in the second month following the month of sale. Ac totaled $575,000 ($105,000 from February's sales and $470,000 from March's sales) 01 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 Requied B Prepare a schedule for each month showing budgeted cash receipts for Tilson Corporation. June Total sales Cash receipts: February sales March sales April sales May sales June sales Prev17 of 19Next > 20 F2 F3 FA FS