I need to write essay (term paper) 6 pages about business law with 5 recourse any topic but i need it specific for business law i need it

One page paper on a person from history that displayed ethical leadership (excluding Martin Luther King). This paper is to include a summary as to why this person is admired.

I need A work only, no copying, all questions anwsered, no plagarism period and instructions followed no exceptions. If this you anwser, Don’t need any fakes please.

 

ACC 206 Week 4 Assignment

 

 

 

Please complete the following exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document, and submit it in the appropriate week using the Assignment Submission button.

 

 

 

1. Comprehensive budgeting

 

The balance sheet of Watson Company as of December 31, 20X1, follows.

 

WATSON COMPANY
Balance Sheet
December 31, 12X1
Assets
Cash		$4,595
Accounts receivable		10,000
Finished goods (575 units x $7.00)		4,025
Direct materials (2,760 units x $0.50)		1,380
Plant & equipment	$50,000
Less: Accumulated depreciation	10,000	40,000
Total assets		$60,000
Liabilities & Stockholders’ Equity
Accounts payable to suppliers		$14,000
Common stock	$25,000
Retained earnings	21,000	46,000
Total liabilities &. stockholders’ equity		$60,000

 

 

 

The following information has been extracted from the firm’s accounting records:

 

1. All sales are made on account at $20 per unit. Sixty percent of the sales are collected in the month of sale; the remaining 40% are collected in the following month. Forecasted sales for the first five months of 20X2 are: January, 1,500 units,- February, 1,600 units; March, 1,800 units; April, 2,000 units; May, 2,100 units.

2. Management wants to maintain the finished goods inventory at 30% of the following month’s sales.

3. Watson uses four units of direct material in each finished unit. The direct material price has been stable and is expected to remain so over the next six months. Management wants to maintain the ending direct materials inventory at 60% of the following month’s production needs.

4. Seventy percent of all purchases are paid in the month of purchase; the remaining 30% are paid in the subsequent month.

5. Watson’s product requires 30 minutes of direct labor time. Each hour of direct labor costs $7.

 

Instructions:

 

1. Rounding computations to the nearest dollar, prepare the following for January through March:

 

1) Sales budget

 

2) Schedule of cash collections

 

3) Production budget

 

4) Direct material purchases budget

 

5) Schedule of cash disbursements for material purchases
6) Direct labor budget

 

1. Determine the balances in the following accounts as of March 31:

 

1) Accounts Receivable

 

2) Direct Materials

 

3) Accounts Payable

 

 

 

2. Basic flexible budgeting
Centron, Inc., has the following budgeted production costs:

 

Direct materials	$0.40 per unit
Direct labor	1.80 per unit
Variable factory overhead	2.20 per unit
Fixed factory overhead
Supervision	$24,000
Maintenance	18,000
Other	12,000

 

 

 

The company normally manufactures between 20,000 and 25,000 units each quarter. Should output exceed 25,000 units, maintenance and other fixed costs are expected to increase by $6,000 and $4,500, respectively.

 

During the recent quarter ended March 31, Centron produced 25,500 units and incurred the following costs:

 

 

 

Direct Materials		$10,710
Direct Labor		47,175
Variable factory overhead		51,940
Fixed factory overhead
Supervision		24,500
Maintenance		23,700
Other		16,800
Total production costs		$174,825

 

 

 

 

 

 

 

Instructions:

 

1. Prepare a flexible budget for 20,000, 22,500, and 25,000 units of activity.

2. Was Centron’s experience in the quarter cited better or worse than anticipated? Prepare an appropriate performance report and explain your answer.

3. Explain the benefit of using flexible budgets (as opposed to static budgets) in the measurement of performance.

    

    

   3. Straightforward variance analysis

   Arrow Enterprises uses a standard costing system. The standard cost sheet for product no. 549 follows.

 

Direct materials: 4 units @ $6.50		$26.00
Direct labor: 8 hours @ $8.50		68
Variable factory overhead: 8 hours	@ $7.00	56
Fixed factory overhead: 8 hours	@ 2.5	20
Total standard cost per unit		$170.00

 

 

 

The following information pertains to activity for December:

 

1. Direct materials acquired during the month amounted to 26,350 units at $6.40 per unit. All materials were consumed in operations.

2. Arrow incurred an average wage rate of $8.75 for 51,400 hours of activity.

3. Total overhead incurred amounted to $508,400. Budgeted fixed overhead totals $1.8 million and is spread evenly throughout the year.

4. Actual production amounted to 6,500 completed units.

    

   Instructions:

 

1. Compute Arrow’s direct material variances.

2. Compute Arrow’s direct labor variances.

3. Compute Arrow’s variances for factory overhead.

 

 

 

  

The rapid growth of the national debt alarmed some politicians and created pressure for restricting Congress’s unlimited ability to spend. After reviewing Chapter 10, Section 10.2: Efforts to Reduce the Deficit, discuss the actions taken by Congress since 1985 to reduce the budget deficits. 

Use scholarly sources to support the current debate between the White House and Congress regarding what measures are necessary to address spending and revenues (e.g., news reports, official statements, press conferences, as well as numerous government websites).

Write a two- to three-page paper (not including title and reference pages), using at least three scholarly sources, including the textbook. The paper must be formatted according to APA style as outlined in your approved style guide.

Suggested references:

Ashford University Online Library (follow the Library link within the tool bar on the left).
Congressional Budget Office: www.cbo.gov.
Internal Revenue Service: www.irs.gov.
The Executive Office of the President: www.whitehouse.gov.

The Paper:

1. Must be two to three double-spaced pages in length and formatted according to APA style as outlined in your approved style guide. 
2. Must include a title page with the following:
   1. Title of paper 
   2. Student’s name 
   3. Course name and number 
   4. Instructor’s name 
   5. Date submitted 
3. Must include an introductory paragraph with a succinct thesis statement. 
4. Must address the topic of the paper with critical thought. 
5. Must conclude with a restatement of the thesis and a conclusion paragraph. 
6. Must use at least three scholarly sources, including the textbook