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Vaselesa [24]
3 years ago
11

A firm uses exponential smoothing method to forecast demand. In period 10, the forecast was 90 and the actual demand was 100. If

the smoothing constant is equal to 0.10, then what is the forecast for period 11?
a. 91
b. 101
c. 99
d. none of the choices are correct
e. 89
Business
1 answer:
drek231 [11]3 years ago
8 0

Answer:

c. 99

Explanation:

Calculation to determine the forecast for period 11

Using this formula

Forecast for period 11=Forecast *Smoothing constant*Period 11 Forecast

Let plug in the formula

Forecast for period 11=90*.10*11

Forecast for period 11=99

Therefore the forecast for period 11 is 99

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A company plans to sell 5,700 units in June. The company has 855 units in beginning inventory and has a target of 900 ending inv
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Answer:

5,745 units

Explanation:

As we know that

Number of units produced = Estimated units sold + ending inventory units - beginning inventory units

= 5,700 units + 900 units - 855 units

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The only skill required of managerial accountants is that they have a solid knowledge of both financial and managerial accountin
abruzzese [7]

Answer:

False

Explanation:

we could see the following difference between Managerial and Financial accounting

Managerial Accounting

  • Primary User: Internal
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  • Frequency: As needed
  • Auditing: Not subject to audit
  • Required: No
  • Time Frame Focused:Future

Managerial Accounting

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  • Focus: Entire organization as a whole
  • Frequency: Quarterly and annually
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Answer:

We should not take the contract

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