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Question - Suppose a company has had the historic sales figures shown below.
Year
Sales
2015
$2,500,000
2016
$3,750,000
2017
$2,400,000
2018
$2,000,000
2019
$2,600,000
Required - What would be the forecast for next year's sales using the average approach?
The following information describes a company's usage of direct labor in a recent period.
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