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gtnhenbr [62]
4 years ago
9

Here are the data for the past 21 months for actual sales of a particular product:LAST YEAR THIS YEARJanuary 325 260February 440

380March 450 370April 440 420May 380 440June 460 360July 410 375August 370 300September 345 380October 510November 560December 540Develop a forecast for the fourth quarter using a three-quarter, weighted moving average. Weight the most recent quarter 0.50, the second most recent 0.25, and the third 0.25. Do the problem using quarters, as opposed to forecasting separate months. (Round your answer to 2 decimal places.)
Business
1 answer:
Ronch [10]4 years ago
7 0

Answer:

Fore cadet for fourth quarter us $1085

Explanation:

One Quarter = 3 months

Demand for quarter 1 = 325 + 440 + 450 = 1215

Quarter Demand in Each Quarter Weighted Forecast

1 1215

2 1280

3 1125

4 1610

5 1010

6 1220

7 1055

8 1085

Weighted moving Average Forecast = ((0.25 * 1010) + (0.25 * 1220) + ( 0.5 * 1055) = 1085

Forecast for the fourth quarter is 1085

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Waterway Industries purchased a depreciable asset for $610000 on January 1, 2018. The estimated salvage value is $61000, and the
Wittaler [7]

Answer:

The depreciation charge in 2021 is $ 164,000.00  

Explanation:

Annual depreciation charge=cost-salvage value/useful life

cost is $610,000

salvage value is $61,000

useful life is 9 years

Annual depreciation charge=($610,000-$61,000)/9=$61000

The depreciation of charge of $61000   is applicable to years 2018 ,2019 and 2020 respectively.

The estimates of the asset changed in the year 2021,hence a new depreciation based on the present book value is required.

revised depreciation charge=$610,000-($61,000*3)-$99,000/(5-3)=

$164,000.00  

5 0
3 years ago
Maria lost her job because the economy is shrinking. This is an example of _____.
kakasveta [241]
It is an example of cyclical unemployment.

I hope this helps!
7 0
3 years ago
Read 2 more answers
A student believes that less than 50% of students at his college receive financial aid. A random sample of 120 students was take
den301095 [7]

Answer:

P-value is greater than the significance level, we fail to reject null hypothesis.

Explanation:

Here,  

Sample size = n = 120

Sample proportion = p = 0.6500

Population Proportion = P_{0} = 0.5

Level of significance = α = 0.02

<u />

<u>Step 1: </u>

H_{0}: p = 0.5

H_{1}: p < 0.5 (Left tailed test)

<u></u>

<u>Step 2: </u>

The critical vale is = 2.0537

<u></u>

<u>Step 3:  </u>

The test statistic is,

z =  \frac{p - p_{0} }{\sqrt{\frac{p_{0} (1-p_{0}) }{n} } }

<u>Step 5: </u>

Conclusion using critical value: Since the test statistic value is greater than the critical value, we fail to reject null hypothesis.

<u>Step 6:  </u>

Conclusion using P-value: Since the P-value is greater than the significance level, we fail to reject the null hypothesis.    

3 0
4 years ago
What is the hourly wage of an orthodontist in 2012
sashaice [31]
From what I researched $109.99 not sure if that's sure tho
7 0
3 years ago
Read 2 more answers
he following information for Cooper Enterprises is given below: December 31, 2021Assets and obligations Plan assets (at fair val
gavmur [86]

Answer:

the amortization of Other Comprehensive Loss for 2022 is $38,370

Explanation:

The computation of the amortization of Other Comprehensive Loss for 2022 is shown below;

= (Accumulated other comprehensive loss - 10% of Projected benefit obligation)  ÷ given no of years

= ($503,700 - 10% of $1,200,000) ÷ given no of years

= ($503,700 - $120,000) ÷ 10 years

= $38,370

hence, the amortization of Other Comprehensive Loss for 2022 is $38,370

The same would be considered

7 0
3 years ago
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