Answer:
Effect on income= $-117,500
Explanation:
Giving the following information:
Kawai Corporation, which makes and sells 85,000 radios annually, currently purchases the radio speakers it uses for $8.00 each.
Kawai estimates that the cost of materials and labor needed to make speakers would be a total of $6.50 for each speaker. Also, supervisory salaries, rent, and other manufacturing costs would be $170,000. Allocated facility-level costs would be $75,000.
Buy= 85000*8= $680,000
In house:
Production costs= 6.5*85,000 + 75,000= 627,500
Other fixed costs= 170,000
Total cost= $797,500
Effect on income= 680,000 - 797,500= $-117,500
Answer: Distinctive competence
Explanation: There are certain qualities which usually sets a person, firm or organization apart from the rest of it's competitors such that consumers finds it very difficult to trade it's services for another while it's competitors also find it difficult to match the services it offers. These qualities usually sets the tone for success, increases customer loyalty and gives such firm an edge abive it's rivals. These qualities are usually called distinctive competence, services which are only offered by one or very few firms. In the scenario above, the distinctive competence exhibited by Gadgetbug's is the rare nature of efficient aftersale customer service it provides to it customers which other rivals find very difficult to match.
<u>Complete Question:</u>
The mean absolute error, mean squared error, and mean absolute percentage error are all methods to measure the accuracy of a forecast. These methods measure forecast accuracy by
a. adjusting the scale of the data.
b. determining how well a particular forecasting method is able to reproduce the time series data that are already available.
c. predicting the future values and wait for a pre-defined time period to examine how accurate the predictions were.
d. using the current value to estimate how well the model generates previous values correctly.
<u>Correct Option:</u>
These methods measure forecast accuracy by determining how well a particular forecasting method is able to reproduce the time series data that are already available.
<u>Option: B</u>
<u>Explanation:</u>
The forecast reliability is the level of proximity of the quantity assertion to the real or true value of that quantity in statistics. Typically, at the time the prediction is produced, the real value can not be calculated, as the assumption involves the future.
Accurate sales forecasting is an essential resource that businesses need to have. This helps managing directors gage desire for their goods. It allows companies handle inventories better. Sales forecasting enables businesses to look into the future and schedule their movements strategically to maximize development.
People to do more types of math
The given two statements are correct.
Explanation:
The Client Outlook (Overview Tab) is an accountant view within a QuickBooks Online client file, which allows accountants to communicate their clients confidentially with each other via access to important QuickBooks customer data about the company, bank activity, and common issues.
To order to prepare the tax returns you can import QuickBooks Online Trial Balance data through ProConnect Tax Online through the dashboard.
You can start a new tax return for non-QuickBooks Online customers or customers with QuickBooks Online from the consumer dashboard.