In this assignment, it will be a power point presentation. All information will be uploaded, please look over it carefully. The information you will need will also be uploaded. This will be a 2nd case study that will compliment the 1st case study that will also be uploaded as reference. There is only one assignment, but several pages of information to accompany it. Do not worry about the voice-over, i will take care of that myself. Unit 4 Assignment 2 CaseStudy2.pdfMallory_Tonya_Unit05_Assignment 1.xls.xlsx.xlsUnit 5 - 10-16.pdfMallory_Tonya_Unit02_CaseStudy.docBTN 1-8 Case Study.pdfBTN 3-8 Case Study 1.pdf

 Suppose that the Fabulous Hotel hires you as head chef under a two-year employment contract. After two years, another hotel wants to hire you. However, in the original employment contract you signed with the Fabulous Hotel, the following paragraph appears: “The below-signed agrees not to work as a chef for another hotel in the same metropolitan area for a period of two years after leaving our employ.”Describe and analyze the five elements of a contract that must exist for this agreement to be enforceable. Explain why this contract is governed by common law or the Uniform Commercial Code (UCC). Examine at least two circumstances in which this non-compete agreement would be unenforceable.  Submit a four- to five-page paper (not including title and reference pages). Your paper must be formatted according to APA style as outlined in the approved APA style guide and must cite three scholarly sources in addition to the textbook. 

Problem 1: Bubble Corporation manufactures two products, I and II, from a joint process. A single production costs $4,000 and results in 100 units of I and 400 units of II. To be ready for sale, both products must be processed further, incurring separable costs of $1 per unit for I and $2 per unit for II. The market price for Product I is $20 and for Product II is $15. Required: Allocate joint production costs to each product using the physical units method. Allocate joint production costs to each product using the net realizable value method. Allocate joint production costs to each product using the constant gross margin percentage method. Problem 2: Mike's Meats incurs costs of $4,000 while processing raw chicken meat into three products: breasts, wings, and thighs. The meat is then sold to local grocery stores based on the following. Sales Price per lb Quantity produced (lbs) Breast $2.00 3,000 Wings $0.50 1,000 Thighs $1.00 2,000 Required: (Calculate relative quantity to three decimal points.) Determine the cost and gross profit percentage for each type of chicken using the physical units method of joint cost allocation. Repeat part (a) using the sales-value-at-split-off method of joint cost allocation. The company has an opportunity to sell wings to local restaurants for $1.00 per pound but additional packaging is required, which will cost $300 per 1,000 lb. Assuming the physical unit method is used to allocate joint costs, should the offer be accepted?