Please help to answer and explain task 4 based the case facts:
Task #4 Jenny has provided the following information about the board of directors: . BSL has five board members, including Gabe Hadley, BSL's CEO and the board chair. The remaining board members consist of an advertising executive, a former Member of Parliament, a pediatrician, and a lawyer. . The board members serve two-year terms, with two new members elected in even years and two new members elected in odd years. The CEO remains constant. . The board meets on an annual basis to review the financial performance of BSLand discuss strategic issues. 3/4 Performance Management - Integrated Problem 3 Problem . The accounting department provides BSL's year-to-date statement of income at each board meeting. Provide an analysis of BSL's board of directors and make recommendations for improvement, if applicable.BU467 - Fall 2020 Case Assignment 2 Bebe Suite Limited Bebe Suite Ltd. (BSL) manufactures baby cribs and sells them to retail stores across Canada. BSL manufactures three different models in a single factory in Laval, Quebec. The models are distinguished by the quality of materials used and the sophistication of the design. The cribs vary in price; the Piper model is the most basic and cheapest, the Paxton is a mid-price-point product, and the Berkley is the most expensive model. Quality control is critical for BSL, as it must meet the strict safety requirements for baby cribs in Canada. BSL prides itself on not just meeting but exceeding the minimum requirements. Industry surveys have shown that safety is the most important factor for parents when buying a crib. In addition to product quality, BSL has a strong reputation for excellent customer service and timely delivery. It is January 31, 2020, and you, CPA, work for a consulting firm, Lancaster & Partners LLP. You are meeting with Jenny Wang, the controller of BSL. Jenny asks you to help her with a number of items in preparation for an upcoming board of directors meeting Jenny informs you that sales have grown to the point where BSL is now operating at capacity and is struggling to meet demand. Jenny provides you with the following statement of income by product line for the year ended December 31, 2019. The average selling prices were $300, $460, and $650 for the Piper, Paxton, and Berkley models, respectively. Piper Paxton Berkley Total Sales $18,987,000 $19,425,800 $20,475,000 $58,887,800 Direct material 5,715,000 6,518,000 6,575,000 18,808,000 Direct labour 3,430,000 4,063,000 4,705,000 12, 198,000 Variable MOH 3,112,000 2,667,000 2,240,000 8,019,000 Fixed MOH 205,800 243,780 282,300 731,880 Fixed selling and 1,139,220 1,165,548 1,228,500 3,533,268 administrative** * Fixed MOH is allocated based on direct labour costs. **Fixed selling and administrative is allocated based on sales
