Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Challenge 7
1. Forecasting Khahary
Challenge 7 Khahary
9/25/19
20190827
2014 2015 2016 2017 2018
Sales 22,813$ 22,875$ 23,705$ 23,576$ 24,904$
%Change 0.27% 3.63% -0.54% 5.63%
Avg% Change
Years 2019 2020 2021 2022 2023
5.63% 26,307$ 27,789$ 29,354$ 31,007$ 32,754$
Years 2019 2020 2021 2022 2023
2.25% 25,464$ 26,036$ 26,621$ 27,219$ 27,831$
4.00% 25,900$ 26,936$ 28,014$ 29,134$ 30,300$
8.00% 26,896$ 29,048$ 31,372$ 33,882$ 36,592$
To meet a $25,000 goal in 2018, we need to increase sales by what percentage?
0.39% <--- percentage ( this will be your goal seek result)
25,000$ type the formula to calculate the 2019 goal (2018 dat *% change [ Cell A16] + 2018 data)
2018 % Change Forecasting for next % years
Other % Change Forecasting for next % years
2.25%
$-
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
$40,000
2019 2020 2021 2022 2023
As Forecasting % Rises So Does The Profit
5.63% 2.25% 4.00% 8.00%
2. Amazon's data Khahary
Challenge 7 Khahary
9/25/19
20190827
Years 2016 2017 2018
Net Sales $135,987 $177,866 $232,887
Cost of Sales $88,265 $111,934 $139,156
Years 2016 2017 2018 2019 2020 2021
Amazon Net
Sales $135,987 $177,866 $232,887 $304,928 $399,255 $522,760
% change 30.80% 30.93% 30.93% 30.93% 30.93%
Years 2016 2017 2018 2019 2020 2021
Amazon Cost
of Sales $88,265 $111,934 $139,156 $172,998 $215,071 $267,376
%change 26.82% 24.32% 24.32% 24.32% 24.32%
$135,987
$177,866
$232,887
$304,928
$399,255
$522,760
$88,265
$111,934
$139…
$172,998
$215,071
$267,376
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
2016 2017 2018 2019 2020 2021
FiguresinMillions
Years
The Difference in Amazon Net Sales Vs Amazon Cost of Sales
Amazon Net Sales Amazon Cost ofSales