CIMA Management Accounting P1 Question # 13 Topic 2 Discussion

CIMA Management Accounting P1 Question # 13 Topic 2 Discussion

P1 Exam Topic 2 Question 13 Discussion:
Question #: 13
Topic #: 2

A company has identified the trend in its sales figures through the regression equation Y = 65.9 + 3.86X, where Y is the sales revenue in thousands of dollars and X is the month number. The average seasonal variation for October is 87%

Calculate the forecast sales revenue for October of Year 6.

Give your answer to the nearest $000.


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