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1. Which ot the toilowing is not a basic truth about forecasts? a. Forecasts rel};r on historical data. h. Forecasts must he exact to he

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1. Which ot the toilowing is not a basic truth about forecasts? a. Forecasts rel};r on historical data. h. Forecasts must he exact to he effective. c. Forecasts involve the future. (1. Forecasts are best utilized as a guide. Questions 2 3 are based on the following sales historjv information: Willie's Hot Dogs had sales last year of $253,333 and a guest count of 26,323. Sales this year were $233,253 with a guest count of 33,556. 2. What was Willie's dollar variance for sales? a. 3 2,42? h. $153,635 c. 5 33,453 6. $265,525 3. What was Willie's sales percentage variance? a. 33.15% h. 23.26% c. 33.43% 6. 12.12% 4. What was Willie's guest count variance? a. 6,323 h. 3,645 c. ?,4?? 6. 2,334 5. What was WliE'S guest count percentage variance? a. 3.33% h. 6.43% c. 11.24% 6. 3.53% 6. Using 12% as an estimated increase % for next vest, what is Willie's sales forecast for next year, based on this year's sale s? a. $366,333.33 in. $314,443.33 c. S335,3??.13 d. $364,331.23

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