Create 3-4 PowerPoint slides answering the following bullet pointsExplain the benefits of Variable Costing & Absorption Costing (explain the benefits, do not give a definition!)Determine which method would lead to the best decision when a competitor is submitting a lower bid for a product you may be selling ( you will use absorption costing)Explain how applying costing methods can aid in better managerial decision-makingJUST 3-4 SLIDES. DO NOT INCLUDE INTRO OR CONCLUSION, BUT ADD YOUR REFERENCES. ALSO ADD GRAPHICS OR PICS TO THE SLIDES. THIS IS PRETTY SIMPLE AND SHOULD BE FAIRLY QUICK! ALSO INCLUDE SPEAKER NOTES!

Part ISelect two of the scenarios listed below and explain the best solution for each. Include comments related to any ethical issues that arise.Scenario 1 - CrimesSelect 3 crimes from your state that you find unusual or interesting. Educate the class about the crimes by providing the statute number and name and a summary of the law in your own words. Pick one of the statutes and find one case decided in your state related to the statute. Scenario 2 - Torts and CrimesMichael, a former employee of AutoNation Ford, entered the repair shop, claiming that the company owed him $560 in back wages. Michael argued with the general manager, Bill. After several minutes, Bill ordered Michael off the property. Michael refused to leave, so Bill told two mechanics escort him off the property. Michael ran to his truck, but on the way, he grabbed some electronic parts valued over $500 and drove away. Michael refused to return the parts until he was paid.Discuss whether Michael has committed any torts or crimesIf the mechanics had forcibly kicked Michael off the property, would the two mechanics or AutoNation Ford be guilty of assault and battery? Explain.Scenario 3— Intellectual PropertyProfessor Cody teaches business law for Fowler University, a for-profit school in Boston. Several times during the semester, Professor Cody made copies of articles and distributed them to her students. The son of one of the article's authors was a student in her class. The son told his father about the professor's copying, which took place without the father's or publisher's permission. Professor Cody also copied images from the Internet to use in her Powerpoint presentations. Most of the images were not in the public domain and no attributions to sources were provided.Discuss the potential violations related to intellectual property rights.PART IISelect two of the scenarios listed below and explain the best solution for each. Include comments related to any ethical issues that arise. Scenario 1 - OffersKelly’s collie puppy ran off, so she posts flyers in the neighborhood advertising a reward of $100 for finding and returning the dog. David finds a collie puppy on his front porch. He looks at the dog tags, calls the number, and Kelly rushes over to pick up her puppy. Later, David sees the reward poster.Can David claim the reward? Provide arguments for each party. Support the answer with a relevant journal article or case.Scenario 2 - ConsiderationJackson was hired to sell consulting services for Acme Accounting and was promoted to manager four months later. A short time after the promotion, Jackson was required to sign a non-compete agreement. When the business suffered financially, Jackson joined with a former employee to create an accounting firm that also solicited clients for consulting business. Acme sued Jackson to enforce the agreement.What was the consideration for signing the non-compete agreement? If you find consideration, was it adequate?Would your answer change if Jackson had to sign the non-compete at the time of his promotion?Scenario 3 Capacity and LegalityHank was a talented soccer player and started playing competitively in 2014 when he was sixteen. Many of the tournaments required participants to sign an exculpatory clause in order to participate. One of Hank’s parents signed the agreements. In 2016, Hank participated in the regional soccer championships in Atlanta Georgia. During the event, several players crashed into each other and Hank sustained an injury to his back, leaving him partially paralyzed. Hank filed a negligence lawsuit against the tournament organizers. The organizers could not find the exculpatory clause that Hank signed for the event. The organizers argued that Hank must have signed the agreement to enter the tournament, but even if he had not signed one, his participation in the event demonstrated his intent to be bound by the terms of the agreement.Did Hank have contractual capacity to enter the contract? Why or why not?If Hank did not actually sign the exculpatory clause, could a court conclude that he impliedly accepted its terms by participating in the tournament? Why or why not?How would you rule in both of these situations? Support your answer with scholarly material and case law.