Question: please explain the answer with an excel formula The Actual demand for Snow boards from a large GTA retail chain is shown below for 2021.

please explain the answer with an excel formula

The Actual demand for Snow boards from a large GTA retail chain is shown below for 2021. Calculate the Seasonal Index (factor) for last year for each of the four seasons. Use the seasonal Index (factor) to calculate the demand for each of the seasons for 2022 (Table #2) based on a new ANNUAL demand of 20,000 snowboards. NOTE: You will in the only the cells ingrey. This Year 2012 Average Sales Per Season Seasonal Factor New Forecast Season Winter Spring Summer Last Year 2021 Season Winter Spring Summer Fall Sold 3210 2245 1192 2618

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