I need help with this question number 7 and it's parts please!

BTution. 7. CUSTOM FABRICATIONS INC. STAND-ALONE PC-BASED ACCOUNTING SYSTEM) (Prepared by Will Richens and Michael Catchpole, Lehigh University CUSTOM FABRICATIONS Inc. is a bicycle manufacturing firm founded in 2000 that currently employs 126 people. The company produces custom bicycles in its factory located near Los Angeles, CA. Each bicycle is tailored to a rider based on a num of different measurements, i including height, weight, inseam, and arm length. These measurements are taken at 30 professional bicycle shops around South- ern California, which are certified to size CUSTOM FABRICATIONS cycles. By accepting orders only through licensed dealers, CUSTOM FABRICA TIONS ensures that each bike matches its rider pre- cisely. CUSTOM FABRICATIONS' custom bikes are considered extremely high quality and the com- pany takes pride in using only the best components sourced from around the world. Accordingly, CUS- TOM FABRICATIONS purchases from a cast of hundreds of suppliers, chosen for their commitment to quality and reliability Demand for CUSTOM FABRICATIONS cycles has grown exponentially in recent years. The surge in demand was somewhat unexpected and the company's factory has been operating at capacity for over a year As a result, current orders face a production backlog of approximately 5-6 weeks. The company's operations have been further hampered by severe inefficiencies and control weaknesses attributed to its legacy accounting system. Your firm has been hired as an outside consultant to suggest improvements in the company's accounting procedures. The following paragraphs describe the company's expenditure cycle Purchases System All purchases of raw materials are initiated in the CUSTOM FABRICATIONS" purchasing department