All of Pocast Corporation's sales are on account. Sixty percent of the credit sales are collected in the month of sale, 30% in the month following sale, and 10% in the second month following sale. The following are budgeted sales data for the company: Total sales January $ 700,000 February $ 500,000 March April $ 400,000 $ 600,000 Cash receipts in April are expected to be A) $530,000 B) $360,000 C) $460,000 D) $410,000 Zanny Electronics Corporation uses a standard cost system for the production of its water ski radios. The direct labor standard for each radio is 0.9 hours. The standard direct labor cost per hour is $7.20. During the month of August, Zanny's water ski radio production used 6,600 direct labor-hours at a total direct labor cost of $48,708. This resulted in production of 6,900 water ski radios for August. What is Zanny's labor rate variance for August? A) $972 Favorable B) $1,188 Unfavorable C) $2,160 Favorable D) $2,808 Unfavorable