Calculate the sales forecast for May

Assignment Help Accounting Basics
Reference no: EM132536438

Question - The Countryman Club reported the following actual sales for 2017:

Month Sales ('000s)

January $87

February $93

March $92

April $88

Calculate the sales forecast for May 2017 using a three-month weighted moving average approach. In the order from the most recent to the least, assign weights of 10, 5, and 2.

Reference no: EM132536438

Questions Cloud

What is the smallest possible feature size : What is the smallest possible feature size that can be written with a 50 keV electron beam? (Assume resist thickness of 200 nm)
Consider relevant costs are correct or not : Consider the statements Relevant costs include both historic and future opportunity costs.Which of the above statements is/are correct?
How the second law of motion derived : 1. How the second law of motion derived? Explain with example
What is the theoretical maximum deposition rate : If silane (SiH4) flow in a single wafer (150 mm) PECVD reactor is 5 sccm (cm3/min), what is the theoretical maximum deposition rate of amorphous silicon?
Calculate the sales forecast for May : The Countryman Club reported the following actual sales for 2017: Calculate the sales forecast for May 2017 using a three-month weighted moving average approach
What is the price chargeable to the customer : Overheads are recovered on the basis of labour hours used at $10 per labour hour. A mark-up of 50% is added. What is the price chargeable to the customer?
What elements of marketplace in which megatech operates : What elements of the marketplace in which MegaTech operates led the firm to believe that project management would improve its operations?
Counterclockwise in cartesian vector : Express the force that will be applied to the spring A point when the disc is rotated 15 ° clockwise and the trailing insert 30 °
What is the total monthly fixed cost : If the average item price is $100 and the average variable cost per item sold is $30, what is the total monthly fixed cost

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd