Yard Clippers Corp manufactures garden tools in a factory in Taneytown, Maryland. Recently, the company designed a collection of tools for professional use rather than consumer use. Management needs to make a good decision about whether to produce this line in their existing space in Maryland, where space is available or to accept an offer from a manufacturer in Taiwan. Data concerning the decision are: Click the icon to view the data.) Read the requirements. Requirement 1. Should Yard Clippers Corp manufacture the 740,000 garden tools in the Maryland facility or purchase them from the supplier in Taiwan? Explain. The cost of manufacturing 740,000 garden tools in the and the cost of Maryland facility is purchasing 740,000 garden tools from the Taiwan supplier is purchase the garden tools from the Taiwan Yard Clippers Corp supplier because it is than the relevant costs to manufacture the garden tools in Maryland. SKIP REQUIREMENT 2 Requirement 3. What are some of the qualitative factors that Yard Clippers Corp should consider when deciding whether to outsource the garden tools manufacturing to Taiwan? (Select four that apply.) Requirements 1. Should Yard Clippers Corp manufacture the 740,000 garden tools in the Maryland facility or purchase them from the supplier in Taiwan? Explain. 2. Yard Clippers Corp believes that the U.S. dollar may weaken in the coming months against the New Taiwanese Dollar and does not want to face any currency risk. Assume that Yard Clippers Corp can enter into a forward contract today to purchase 30,800 NTD for $4.40. Should Yard Clippers Corp manufacture the 740,000 garden tools in the Maryland facility or purchase them from the Taiwan supplier? Explain. 3. What are some of the qualitative factors that Yard Clippers Corp should consider when deciding whether to outsource the garden tools manufacturing to Taiwan? Data table