Can someone please help me with this homework assignment ?

Question 1.The Von Pottasnevitch Company sells office products and for the most part has a regular group of customers and fairly predictable sales.Many of the companys customers are offered credit, while other clients do business on a cash basis.The companys monthly sales are consistently split between 10% cash business and 90% on credit. The credit sales are collected 50% in the same month of the sale and the remaining 50% is due the following month. Sales for the upcoming first quarter of the next year are estimated as follows:

January:$100,000

February:$200,000

March:$150,000

Calculate the expected cash collections for February.

Question 2.The Walkabout Corporation manufactures boomerangs (its only product). The companys standardsfor manufacturing boomerangs are as follows:

Standard direct labor rate per hour	$ 18.50 per hour
Standard direct labor hours per boomerang	0.4 hours

During the month of January, the company produced 1,800 boomerangs. Actual production data for the month follows:

Actual direct labor hours worked	700 hours
Actual direct labor cost incurred	$ 14,000

Part A.Calculate the labor rate variancefor the month. Is it favorableor unfavorable?

Part B.Calculate the labor efficiency variancefor the month. Is it favorableor unfavorable?