Budgeting - Forecasting trends
Kelly20
Just JoinedRegistered Posts: 2
Hello, so I have the following question -
Sales of product x are growing by 2% per quarter. For quarter 4 of the current year sales were 50,000 units.
Complete the table below to forecast the trend for each of the next 4 quarters and then adjust your figures for seasonal variations to give a forecast for actual sales. (Round to the nearest whole number)
Q1 Q2 Q3 Q4
Trend
Seasonal Variations -5% -10% +2% +13%
Forecast
Not sure if I am just over thinking this! But I can't seem to get my head around how to work any of this out, it feels like there is not enough info.
Any help appreciated
Sales of product x are growing by 2% per quarter. For quarter 4 of the current year sales were 50,000 units.
Complete the table below to forecast the trend for each of the next 4 quarters and then adjust your figures for seasonal variations to give a forecast for actual sales. (Round to the nearest whole number)
Q1 Q2 Q3 Q4
Trend
Seasonal Variations -5% -10% +2% +13%
Forecast
Not sure if I am just over thinking this! But I can't seem to get my head around how to work any of this out, it feels like there is not enough info.
Any help appreciated
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