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Data Set E1 Period Sales Volume 1 13,000 2 13,400 3 15,250 4 16,750 5 18,500 6 19,500 7 17,750 8 20,500 9 21,500 10
| Data Set E1 | |
| Period | Sales Volume |
| 1 | 13,000 |
| 2 | 13,400 |
| 3 | 15,250 |
| 4 | 16,750 |
| 5 | 18,500 |
| 6 | 19,500 |
| 7 | 17,750 |
| 8 | 20,500 |
| 9 | 21,500 |
| 10 | 22,550 |
| Using Data Set E1, what would be the forecast for period 7 using a four period moving average: (Choose the closest answer.) | |
| a. | 15,975 | |
| b. | 17,000 | |
| c. | 18,125 | |
| d | 20,575 | |
| e | 70,000 |
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Cima Official Exam Practice Kit Test Of Professional Competence In Management Accounting 2008 Edition
Authors: Geoffrey Little
4th Edition
0750686804, 978-0750686808
