need help with 19 and 20

Riley Engineering makes collections on sales according to the following schedule: 30% in the month of sale 60% in the month following sale 8% in the second month following sale The following sales are expected: January February March Expected Sales $117,000 $152,000 $132 , Cash collections in March should be budgeted to be You have been asked to compare you company's flexible budget against the actual results. Upon closer inspection you find that the actual revenues for the company were $800,000 and the company's flexible budget anticipated that revenues would be $840,000 Based on this Information, the $40,000 budget variance would be deemed as unfavorable. True or False True False