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Use the data in the Trend sheet Graph the long term monthly price for Alfalfa. Deflate the Alfalfa prices and graph these Real Alfalfa prices.
- Use the data in the "Trend" sheet
- Graph the long term monthly price for Alfalfa.
- Deflate the Alfalfa prices and graph these Real Alfalfa prices.
- What conclusions can you draw about the long term trend for Alfalfa prices?
- Use the date in the "Index" sheet
- Calculate the monthly seasonal index for each month for Alfalfa (use the last 5 complete years).
- Graph the monthly seasonal index for Alfalfa.
- If the price of Alfalfa was $180 in May, predict Nov and Dec price for 2013.
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Managerial Accounting Tools for business decision making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
6th Edition
978-0470477144, 1118096894, 9781118214657, 470477148, 111821465X, 978-1118096895
