You are given the following budgeted and actual dota for the Grey Company for each of the months January through June of the current year. In Decomber of the prior year, sales were forecasted as follows: January, 101 units; February, 96 units; March, 103 units; April, 108 units; May, 115 units; fune, 123 units. In January of the current year, sales for the months February through June were reforecasted as follows: February, 91 units; March, 103 units; Apri, 103 units, May, 105 units; June, 118 units. In February of the current year, sales for the months March through June were reforecasted as follows; March, 98 units; April, 103 units; May, 100 units; June, 118 units. In March of the current year, sales for the months April through June were reforecasted as follows: April, 103 units; May, 95 units; June, 108 units, in April of the current year, sales for the months May and June were reforecasted as. follows: May, 85 units; June, 103 units. In Moy of the current year, sales for June were reforecasted as 103 units. Actual sales for the six-month period, January through June, were as follows: January, 98 units; February, 91 units; March, 101 units; Aptil, 101 units; May, 113 units; June, 117 units. Required: 1. Prepare a schedule of forecasted sales, on a rolling basis, for the months January through June, inclusive. (Hint: There will be only ane forecasted number for January-this is the forecast done in December. For February, there will be two forecasts: one done in December and a second done in January. For June, there will be six forecasts, one done in each of the preceding six months] 2. For eoch of the months March through June, determine the 3-month forecost error rate. defined as 1 minus the absolute percentage enor. For example, the forecast error fate for March's sales is found by dividing the absolute value of the forecast error for this month by the actuat sales volume for the month. The forecast error for any month (e.g., March) is defined as the difference between the actual sales volume for the month and the sales volume for that month forecasted 3 months eariler (e.9., December). Also, indicate for each month whether the actual sales volume was above or below the forecasted volume generated three months earliet, Complete this question by entering your answers in the tabs below. Prepare a schedule of forecasted sales, on a roling basis, for the months January through June, inclusive. (Hint: There will be only one forecasted number for January - this is the forecast done in December. For February, there will be two forecasts: one done in Decernber and a second done in January. For June, there will be six forecasts, one done in each of the preceding stix months.) Yourare given the following budgeted and achual dota for the Grey Company for each of the months Janualy trough June of the current year. February, 91 units; Mauch, 103 units, Aprit, 103 unts; May. 105 units, June, 18 units. In Febriary of the current year, sales for the months curfent year, sales for June were reforecasted as 103 units. A-TuN sules for the six-month penod, January through June, were as follows: January, 98 unitsi Februory, 91 units, March, 101 units. Agrl, 10 i units: May, 113 units; June, in units. Required: 1. Prepare a schedule of forecasted sales, on a roling basas, for the months January through June, inclusive. (hint There wit be only one forecested nimber for Jonuary- this is the forecast done in Decembec. For Febuary, there will be two forecasta one dane in Decenter and a second done in Jartubry, For Juhe, there wir be sk forecasts, one done in foch of the preceding six months) 2 For each of the months March through June, determine the 3-month forecast error rate, dellned as i minus the absolute percentage enot. For example, the forecist error rate for Marth's sales is found by dividing the absolute value of the forecast error for this month by the Bctual sales volume for the month. The forecast error for any manth lo. 9 . Marchl is defried as the difference betweten the actual Sales voume far the month and the sales volume for thet month forecasted 3 months earlier (e.g, December). Also, indicate for esch month whether the octual salos volume was above or below the forecasted volume generated three menths earlie? Complete this iquestion by entering your answers in the tabs below. for epch of the months March through June, detarmine the 3-month forecast error fate, defined as 1 minus the abtolute percentage erroe. Foc exampie, the forecast arrar