Answer:
Forecasted sale for September = $3,838
Step-by-step explanation:
Given:
Month Sales
January $3,000
February $3,500
March $4,000
April $4500
May $3,000
June $3,500
July $4,204
August $5,000
N = 8 $30,704
Find:
Forecasted sale for September = ?
Computation:
Forecasted sale for September = Sum of all sales / Number of months
Forecasted sale for September = $30,704 / 8
Forecasted sale for September = $3,838