If a company had actual sales for may 22 million , a result 600 thousand greater than projected .

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Exponential Smoothing:
Posted by:
Anayatullah Tahir
19-March-2014

<p><em><strong>Actual sales for june totaled22.5 million . Using exponential smoothing with a smoothing factor of0.7 . what is the projected sales for july ?</strong></em></p>

Accounting Cost Accounting Financial Accounting Bank Accounting managerial accounting

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Date Posted: 2014/11/24

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3 Answers

Mir Mujtaba Ali

by Mir Mujtaba Ali , Internal Audit Manager , Confidential

The answer should be22,296,000

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James Perez, CPA, CMA Candidate

by James Perez, CPA, CMA Candidate , Assistant Manager-Financial Planning and Analysis , Tupperware Brands Philippines

Forecast for June=(22,000 x70%) + (21,400 x30%)

=15,400 +6,420

=21,820

Forecast for July= (22,500 x70%) + (21,820 x30%)

=15,750 +6,546

=22,296

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by Fadly Harahap , Founder & Director , PT Farindo Harapan Makmur

It is estimated 21,9 mio for july

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