Question: Problem 3-26 (Algo) The following table shows the past two years of quarterly sales information. Assume that there are both trend and seasonal factors and

Problem 3-26 (Algo) The following table shows the

Problem 3-26 (Algo) The following table shows the past two years of quarterly sales information. Assume that there are both trend and seasonal factors and that the seasonal cycle is one year. QUARTER 1 2 3 4 SALES 219 235 208 185 QUARTER 5 6 7 8 SALES 160 195 150 138 Use regression and seasonal indexes to forecast quarterly sales for the next year. (Do not round intermediate calculations. Round your answers to the nearest whole number.) Quarter Forecast 9 10 11 12

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