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Brathert Company is a small company with four people working in the revenue processes. One of the four employees supervises the other three. Some tasks that must be accomplished within the revenue processes are the following:a. Accounts receivable record keepingb. Approving credit of customersc. Authorizing customer returnsd. Authorizing new customerse. Billing customersf. Cash receipts journal postingg. Entering orders receivedh. Inventory record keepingi. Maintaining custody of cashj. Maintaining custody of inventoryk. Reconciling records to the bank statementRequired:For each of the four employees (supervisor, employee 1, employee 2, and employee 3), consider the duties you would assign to each employee. In assigning duties, no employee should have more than three tasks and there should be a proper separation of duties to achieve appropriate internal control. List the four people, the duties you assigned to each employee, and a description of why those assignments achieve proper separation of duties.
Nancy's Niche sells a single product. 8,000 units were sold resulting in $80,000 of sales revenue, $20,000 of variable costs, and $10,000 of fixed costs. If variable costs decrease by $1 per unit, the new breakeven point is:
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