week 2 professors - The Schonlind Company Schedule of Sales...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
The Schonlind Company Schedule of Sales Year Amount 1999 $300,000 2000 225,000 2001 325,000 2002 650,000 2003 540,000 2004 675,000 2005 825,000 Question 1 Moving Average Method $3,540,000 7 $505,714 Question 2 The Schonlind Company Revised Schedule of Sales Year Amount 1999 $300,000 2000 $225,000 2001 $325,000 2002 $450,000 2003 $540,000 2004 $675,000 2005 $825,000 Question 3 Revised Moving Average Method $3,340,000 7 $477,143 Question 4 The revised schedule of sales would be more representative of the Schonlind Company's sales pattern since the $200,000 sale in 2002 was a one-time event that is not likely to be repeated. It is recommended that all forecasting techniques use the revised schedule without the one-time sale. Question 5 Exponential Smoothing Year Amount Weight 1999 $300,000 1 $300,000 2000 225,000 2 450,000 2001 325,000 3 975,000 2002 450,000 4 1,800,000 2003 540,000 5 2,700,000 2004 675,000 6 4,050,000 2005 825,000 7 5,775,000 Totals 28 $16,050,000 $573,214 Question 6
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 12/01/2011 for the course ACCOUNTING ac574 taught by Professor Larson during the Spring '11 term at Everest University.

Ask a homework question - tutors are online