The monthly sales rate made from granite paints in Central incorporations is:
February = 400 gallons
March = 266.6 gallons
Calculating the monthly rate:
The 1st quarter sales is Q1
The 2nd quarter sales is Q2
Note:
Q1= January, February & March
Q2= April, May & June
Given from the question:
Q1= 1200 gallons
Q2= 800 gallons
The monthly sales rate of is calculated by dividing the quarterly rate by 3
Q1= 1200 gallons/3 = 400
Q2= 800 gallons /3 = 266.6
The monthly sales rate made from granite paints in Central incorporations is:
February = 400 gallons
March = 266.6 gallons
<h3>What is sales forecasting?</h3>
Sales forecasting can simply be defined as the process of estimating the future revenue by predicting the amount of goods, products or services a sales unit will sell in the next week, month, quarter, or year.
Therefore, the monthly sales rate made from granite paints in Central incorporations is:
February = 400 gallons
March = 266.6 gallons
Complete question:
Central, Inc., is a manufacturer of granite paints. Sales are seasonal due to the seasonality in the home-building industry. The expected pattern of sales for the first quarters of 2011 is as follows: Sales in Units 1st quarter 2nd Quarter Quantity 1,200 gallons 800 gallons
How much quantity sales of granite paint was sold in month of
(I) February
(II)May
Learn more about sales forecasting;
brainly.com/question/14019463
#SPJ1
