Lexon Inc.is a large manufacturer of affordable DVD players. Management recently became aware of rising expenses resulting from returns of malfunctioning products. As a starting point for further analysis, Paige Jennings, the controller, wants to test different forecasting methods and then use the best one to forecast quarterly expenses for 2019. The relevant quarterly data for the previous three years follow:

2016 Return 2017 Return 2018 Return Quarter Expenses Quarter Expenses Quarter Expenses $ 13, 000 $ 13, 500 $ 14, 000 11, 800 12, 700 12, 900 PWNP PWNP PWNE 12, 100 12, 300 12, 700 14, 300 14, 700 15 , 300