i have done all the calculations just need help with the write up which is the MEMO ASPECT PART B

NEED IT AS SOON AS POSSIBLE

IT IS 500 WORDS - explaining what unethical can budget prepares incorporate during budget preparation.

please view slides below

Part B: - In week 10, your professor will be discussing about ethical practices during budget preparation. Reflecting on this learning experience, you will write a memo to the CEO of NCS. - The CEO is concerned regarding ethical practices and needs your advice. In your role as a consultant, write a memo explaining what unethical practices can budget preparers incorporate during budget preparation. Also provide recommendations as to how such practices can be mitigated. This should be in your own words and no external research or references are need. - Structure of the memo: - Word limit: 500 words maximum (penalty for going over this limit) - Arial or Calibri font with 12 point and double space - Memo format - As MS Word document (any other format will receive a zero mark) - Memo will be verified through Turnitin. Background: Neptune Cleaning Services (NCS) is a local business in the Tri-cities area. It provides cleaning services to residential households and commercial establishments. Both households and businesses sign contracts with NCS. As the contractor, NCS dispatches its crew to the locations. The crew performs the cleaning as per the contracts and reports back to the company main desk. The main desk then prepares the invoice and sends them to the clients. Clients have one day to pay the invoice. Sales volume can vary from one quarter to the next. In terms of expenses, the main expense for NCS relates to labour. They pay crew members competitivewages and benefits. The wage rate is calculated on an hourly basis and is fixed for the entire year. The next expense item is cleaning supplies. NCS accounts for cleaning supplies relative to the hours worked. For example, they estimate that cleaning supplies are consumed at a rate of 0.2 litres per labour hour. This is a good measure because the longer it takes for a site to be cleaned, the more the consumption of cleaning supplies. Cleaning supplies are procured from a prominent vendor and the cost is fixed for the entire year. Sometimes clients are not happy about the cleaning services and register a complaint. In that case, the crew is dispatched again for a second cleaning. The hours accruing from such scenarios are not billed to the client as this constitutes a 'service recovery.' However, the crew is paid for such hours. NCS maintains arecord of these hours and classifies them as 'unproductive hours, "or "unbilled hours. This is calculated as a percentage of revenue earning hours (e.g., 10% of revenue generating hours). For this assignment, assume that there is no consumption of cleaning materials when this second cleaning is being done. Fixed overhead: To support the cleaning operations, there are four items of expenditure. These are designated as overheads and their budgeted expenses are as follows: Receptionist: Budgeted expense is $4,500 per quarter and is the same for all four quarters. Depreciation: This relates to the depreciation of vehicles used to transport employees to client locations. Budgeted expense is $8,700 per quarter and is the same for all four quarters. Covid related: Budgeted expenditure on this item is $6,100 and is the same for all four quarters. Maintenance: Budgeted expenditure on Maintenance related is $2,300 per quarter and is the same for all four quarters. Actual results for the year 2021. It is now January 7, 2022, and Neptune Clean Services (NCS) is comparing the actual expenses against their budget. Here is what they found. Revenue: For 2021, the actual sales hours were: For 2021, the actual hourly revenue was: Required: Part A: For this part you will use the template provided in Excel Workbook format. Complete the following steps Fixed overhead: To support the cleaning operations, there are four items of expenditure. These are designated as overheads and their budgeted expenses are as follows: Receptionist: Budgeted expense is $4,500 per quarter and is the same for all four quarters. Depreciation: This relates to the depreciation of vehicles used to transport employees to client locations. Budgeted expense is $8,700 per quarter and is the same for all four quarters. Covid related: Budgeted expenditure on this item is $6,100 and is the same for all four quarters. Miaintenance: Budgeted expenditure on Maintenance related is $2,300 per quarter and is the same for all four quarters. Actual results for the year 2021 . It is now January 7, 2022, and Neptune Clean Services (NCS) is comparing the actual expenses against their budget. Here is what they found. Revenue: For 2021, the actual sales hours were: For 2021 , the actual hourly revenue was: 5|Page Difect Labout enpense Necs paid its employees an hourfr rate of $30 tor the entire year. Chearing suppiy utaget: The actual tage was 0.34htre f labsur houe foe the commercial segment and0.301tref tabour hour for the residential secment. This a as conatant for the entire year. Cleaning supply expense; Actual expense was $5.90 per laer for the entire year, Fiked cherthoud: Te suppert the cleaning operations. there are four itertis of expenditure. Theie ace desienated as overheads and their budgeted expentes are as follown: Recegionti- Actual expense Der auarter was as ilollows. Depreciaton: This telates to the depectation of vehicles uied to trancport employees to cleen locationi. Actual expense was 59,000 per quarter and was the nawe for all four quarters. Covid reiated: Artual exiente ner nuarter was as followt: Mairfenance: Artual eansnce ner nuartee was as inilinar: Cleaning crewt had to work 14M over the tevenue ceneratieg houts to addreis complaints and do a second deaning. These hours were not bifable to clients. but Neptune Clean Services [Mcs] would pay the employees for this firme they worked. for this aisignment, assume that there is no consumption of deanint materials when this wecend cleaning was doese. Other 8uidelines - - Data should be entered in the "Input Database" spreadsheet onily. - For all other spreadsheets, you must use cell references, lining data from 'Input Database' or other spreadsheets. Do not enter data or calculations without cell references. - To identify calculated variances as favourable (F) or unfavourable (U), you need to use "IF" formula. Part B: - In week 10, your professor will be discussing about ethical practices during budget preparation. Reffecting on this learning experience, you will write a memo to the CEO of NCS. - The CEO is concerned regarding ethical practices and needs your advice. In your role as a consultant, Write a memo exglaining what unethical practices can budget preparers incomporate during budget preparation. Also provide recommendations as to how such practices can be mitigated. This should be in your own words and no external research or references are needed. - Structure of the memo: - Word limit: 500 words maximum (penalty for going over this limit) - Arial or Calibri font with 12 point and double space - Memo format - As MS Word document (any other format will receive a zero mark) - Merno will be verified through Turnitin. Deliverables: - Completed Excei workbook. - Memo in MS Word format Delivery: - Upload both the items to the assigned folder in eConestoga. - Your professor will advise you as to the due date of this assignment. Marking Key and Rubric: - Included within the Excel workbook. - Please review all items in the marking key before submission and ensure they are complete