The research paper should be a minimum of six typed pages and formatted in accordance with APA.  Topics should be relavent to intermodal transportation.   The nature of a research paper is to prove or disprove a thesis or hypothesis, not simply produce a report or provide information on topic.  For example; a topic may be the impact of security on intermodal transportation.  The associated thesis could be; actions taken to improve the security  at ports has negatively impacted throughput, increasing costs and reducing the quality of operations.  The research  and body of the paper argues to prove the thesis statement.Attached thesis statement.

Budget Project – 100 PointsKawaii Kayaks (KK)Richard Fiesel is preparing the 2021 budget for one of KK’s kayaks. Extensive meetings with members of the sales department and executive management team have resulted in the following unit sales projections for 2021.Quarter 11,200 kayaksQuarter 21,500 kayaksQuarter 3750 kayaksQuarter 4700 kayaksKK’s policy is to have finished goods ending inventory in a quarter equal to 20% of the next quarter's anticipated sales. Preliminary sales projections for 2022 are 1,100 units for the first quarter and 1,500 units for the second quarter. Ending inventory of finished goods at December 31, 2020, will be 200 kayaks.Production of each kayak requires 54 pounds of polyethylene powder and a finishing kit (rope, seat, hardware, etc.). Company policy is that the ending inventory of polyethylene powder should be 25% of the amount needed for production in the next quarter. Assume that the ending inventory of polyethylene powder on December 31, 2020, is 19,400 pounds. The finishing kits can be assembled as they are needed. As a result, KK does not maintain a significant inventory of the finishing kits.The polyethylene powder used in these kayaks costs $1.55 per pound, and the finishing kits cost $150 each. Production of a single kayak requires 3 hours of time by more experienced, type I employees and 4 hours of finishing time by type II employees. The type I employees are paid $20 per hour, and the type II employees are paid $15 per hour.Selling and administrative expenses for this line are expected to be $50 per unit sold plus $7,300 per quarter. Manufacturing overhead is assigned at 150% of labor costs.Instructions:1.Prepare the required budgets using one excel file or google drive (sheets), you MAY use multiple tabs in a file (highly encouraged!). All calculations should be done using formulas in your spreadsheet, numbers that transfer from one location to another should be linked/referenced.2.You may discuss and work with other students but you must complete ALL WORK ON YOUR OWN. 3.Prepare the following budgets (include quarterly and yearly totals) in excel or google drive:a.production budgetb.direct materials budgetc.direct labor budgetd.manufacturing overhead budgete.selling and administrative budget4.Assume you are management and it is up to YOU to determine a sales price for your kayak that reasonable and provide your reasoning for this sales price decision. 5.Using your sales pricing decision, prepare the following budgets (include quarterly and yearly totals):a.Sales Budgetb.Budgeted Income Statement