Aforecaster wishes to present the (i) magnitude (size) and (ii) direction (bias) of a forecast's error, as well as (iii) draw a confidence interval around the extent of error in the forecast, in that order. which of the following sequence of error measures best represents this arrangement?

a.
mape, mean error (or mpe), rmse , in that order.

b.
mean error, mape, mad (or mae) , in that order.

c.
theil's u stat, rmse, mape , in that order.

d.
mean error, cfe, mape, in that order.

Required prepare the necessary adjusting entries in the general journal as of december 31, assuming the following: on september 1, the company entered into a prepaid equipment maintenance contract. birch company paid $3,400 to cover maintenance service for six months, beginning september 1. the payment was debited to prepaid maintenance. supplies on hand at december 31 are $3,900. unearned commission fees at december 31 are $7,000. commission fees earned but not yet billed at december 31 are $3,500. (note: debit fees receivable.) birch company's lease calls for rent of $1,600 per month payable on the first of each month, plus an annual amount equal to 1% of annual commissions earned. this additional rent is payable on january 10 of the following year. (note: be sure to use the adjusted amount of commissions earned in computing the additional rent.)

Amanufacturer has paid an engineering firm $200,000 to design a new plant, and it will cost another $2 million to build the plant. in the meantime, however, the manufacturer has learned of a foreign company that offers to build an equivalent plant for $2,100,000. what should the manufacturer do?

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