A business is forecasting the value of their sales for the first quarter of the...
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Accounting
A business is forecasting the value of their sales for the first quarter of the coming year. The current year values to date are as follows Month Sales values March 650 April 750 May 850 June 950 July 980 August 855 September 900 October 1000 November 1200 December 1250 Required: Using the information: A. Calculate the moving average B. Calculate the Trend C. Calculate the Seasonal Variation D. Using the moving average calculate the forecast sales for January and February
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