Question
A business is forecasting the value of their sales for the first quarter of the coming year. The current year values to date are as
A business is forecasting the value of their sales for the first quarter of the coming year. The current year values to date are as follows
Month Sales values
January 560
February 770
March 690
April 840
May 600
June 790
July 850
August 900
September 950
October 980
November 1000
December 1200
Required:
Using the information:
A. Calculate the moving average
B. Calculate the Trend
C. Calculate the Seasonal Variation
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Advanced Financial Accounting An IFRS Standards Approach
Authors: Pearl Tan, Chu Yeong Lim, Ee Wen Kuah
4th Edition
9789814821278, 9814821276
