Question
Direction: Solve the problem. Write your answer in DIGITS only. DO NOT put units, peso sign and any other character such as comma and period.
Direction: Solve the problem. Write your answer in DIGITS only. DO NOT put "units, peso sign and any other character such as comma and period.
A company wants to forecast its sales for July using 5 period weighted moving average. What will be the forecast for July if the actual sales for Feb. are 10,500 , March 10,800 , April 11,300, May 12,000 June 12,700. Given the weight of Feb. .15, Mar. .15, April .15, May .25 and June .30.
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Financial Accounting
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
8th edition
978-1118953907, 9781118953808, 1118953908, 1118953800, 978-1119491057
