Answer:
Total sales variance    $87,340   Favorable
See report below
Explanation:
The sales budget for the month of June would like as follows:
Budgeted Sales
Product                 units        Price     Total($)
A                        40,000       $7          280,000
B                         39,000    $9            351,000
Actual sales
Product                 units        Price     Total($)
A                        39,000       $7.10         276,900
B                        49,600       $8.90         441440
Sales Budget Report for the month of June 2019
                                  Budget           Actual           Variance ($) 
A                        280,000                  276,900         3,100      Unfavorable
B                        351,000                   441,440            <u>90,440  </u>favorable
    Total sales variance                                          <u>  87,340   Favorable</u>
 
        
             
        
        
        
Answer:
A. Expensed when incurred.
Explanation:
An incurred expense is basically the cost that are unpaid for. Paid expenses are incurred expenses once you paid for it (Eg credit card).
 
        
             
        
        
        
Answer:
$4.50
Explanation:
The sunk cost is the cost that has been incurred and is unrecoverable in the process of taking a financing decision.
If the cost of a coffee cup from a local gas station cost $5.00 and the cost of refill is $0.50, the coffee is the actual element needed and from the refill, it can be estimated that it costs $0.50.
Hence the sunk or unrecoverable cost is the difference between the coffee cup and the refill cost
= $5.00 - $0.50
= $4.50 
 
        
             
        
        
        
Answer: B. D) are not materially different from ethical principles in general.
Explanation:
Ethical Principles are Ethical Principles. It doesn't really matter what context they are being applied to for they are a standard thing with reference of course, to the society the business is based in. For this reason Business Ethics are not materially different from general ethics. 
Business Ethics are usually a reflection of the norms and cultures of the society they are based in. Think of it like this, if a company is based in a certain place and adheres to principles that are different from what is considered ethical in that society, do you think that company will be very profitable? I think not. Business Ethics are therefore based on General ethics with an immaterial difference. 
 
        
             
        
        
        
Answer:
C. Payback is 10 years
Explanation:
Payback is the number of years it will takes to recover the initial investment, which in this case translates to: how long will it take for Ribelin Corpration to recover the  $218,000 investment given the stated cash-flows.
Year	Cash-flow     Balance
0        (218,000.00)        (218,000.00)
1        32,000.00            (186,000.00)
2        18,000.00            (168,000.00)
3        21,000.00             (147,000.00)
4         21,000.00             (126,000.00)
5        21,000.00              (105,000.00)
6        21,000.00              (84,000.00)
7        21,000.00               (63,000.00)
8       21,000.00                (42,000.00)
9        21,000.00               (21,000.00)
10        21,000.00                -    
11        21,000.00             21,000.00  
12        21,000.00            42,000.00  
By end of year 10, total inflows are exactly equal the initial investment, therefore it will take them 10 years