document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1193799>Question 1193799</A>: <I><SPAN STYLE=\"word-break: break-all;\"> The seasonal indices of sales of a firm are under:<BR>\n" );
document.write( "Months	Index	Months 	       Index<BR>\n" );
document.write( "January 106	July	       93<BR>\n" );
document.write( "February 105	August 	       89<BR>\n" );
document.write( "March 	101	September 	92<BR>\n" );
document.write( "April 	104	October 	102<BR>\n" );
document.write( "May 	98	November 	106<BR>\n" );
document.write( "June	96	December 	108\r<BR>\n" );
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document.write( "If the firm is expecting total sales of k4, 200, 000 during 2005, estimate the sales for the individual month of 2005. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #848593 by </B><A HREF=/tutors/aboutme.mpl?userid=proyaop><B>proyaop(69)</B></A><img src=\"/images/stars/stars-08.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=proyaop><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=848593\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> **1. Calculate Average Seasonal Index:**\r<BR>\n" );
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document.write( "* Sum of all seasonal indices: 106 + 105 + 101 + 104 + 98 + 96 + 93 + 89 + 92 + 102 + 106 + 108 = 1200<BR>\n" );
document.write( "* Average seasonal index: 1200 / 12 = 100\r<BR>\n" );
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document.write( "**2. Calculate Average Monthly Sales:**\r<BR>\n" );
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document.write( "* Total annual sales: K4,200,000<BR>\n" );
document.write( "* Average monthly sales: K4,200,000 / 12 = K350,000\r<BR>\n" );
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document.write( "**3. Estimate Sales for Each Month:**\r<BR>\n" );
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document.write( "* For each month, multiply the average monthly sales by its corresponding seasonal index and divide by the average seasonal index (100).\r<BR>\n" );
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document.write( "* **January:** K350,000 * (106/100) = K371,000<BR>\n" );
document.write( "* **February:** K350,000 * (105/100) = K367,500<BR>\n" );
document.write( "* **March:** K350,000 * (101/100) = K353,500<BR>\n" );
document.write( "* **April:** K350,000 * (104/100) = K364,000<BR>\n" );
document.write( "* **May:** K350,000 * (98/100) = K343,000<BR>\n" );
document.write( "* **June:** K350,000 * (96/100) = K336,000<BR>\n" );
document.write( "* **July:** K350,000 * (93/100) = K325,500<BR>\n" );
document.write( "* **August:** K350,000 * (89/100) = K311,500<BR>\n" );
document.write( "* **September:** K350,000 * (92/100) = K322,000<BR>\n" );
document.write( "* **October:** K350,000 * (102/100) = K357,000<BR>\n" );
document.write( "* **November:** K350,000 * (106/100) = K371,000<BR>\n" );
document.write( "* **December:** K350,000 * (108/100) = K378,000\r<BR>\n" );
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document.write( "**Therefore, the estimated sales for each month of 2005 are as follows:**\r<BR>\n" );
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document.write( "* January: K371,000<BR>\n" );
document.write( "* February: K367,500<BR>\n" );
document.write( "* March: K353,500<BR>\n" );
document.write( "* April: K364,000<BR>\n" );
document.write( "* May: K343,000<BR>\n" );
document.write( "* June: K336,000<BR>\n" );
document.write( "* July: K325,500<BR>\n" );
document.write( "* August: K311,500<BR>\n" );
document.write( "* September: K322,000<BR>\n" );
document.write( "* October: K357,000<BR>\n" );
document.write( "* November: K371,000<BR>\n" );
document.write( "* December: K378,000<BR>\n" );
document.write( " </SPAN>\n" );
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