Excel Applications for Accounting Principles
Excel Applications for Accounting Principles
4th Edition
ISBN: 9781111581565
Author: Gaylord N. Smith
Publisher: Cengage Learning
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Chapter 22, Problem 6R
To determine

Prepare the chart and determine the estimated sales volume in percentage.

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Assume that you have a company. And the management team estimates that 3% of sales will be uncollectible.  Give any amount of sales and prepare the journal entry using the percent of sales method.
I need help with questions 9 given for Excel.
The monthly sales for Yazici Batteries, Inc., were as follows: Month Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Sales 20 21 17 12 15 15 15 19 22 22 23 24 This exercise contains only parts b and c. b) The forecast for the next month (Jan) using the naive method = sales (round your response to a whole number). The forecast for the next period (Jan) using a 3-month moving average approach = sales (round your response to two decimal places). The forecast for the next period (Jan) using a 6-month weighted average with weights of 0.10, 0.10, 0.10, 0.20, 0.20, and 0.30, where the heaviest weights are applied the most recent month = sales (round your response to one decimal place). Using exponential smoothing with a = 0.35 and a September forecast of 18.00, the forecast for the next period (Jan) = sales (round your response to two decimal places). Using a method of trend projection, the forecast for the next month (Jan) = sales (round your response to two decimal places). c) The method…
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