The business analyst for ace business machines, inc. wants to forecast this year's demand for manual typewriters based on the following historical data: time period demand 5 years ago 900 4 years ago 700 3 years ago 600 2 years ago 500 last year 300 what is the forecast for this year using the last-value forecasting method?

The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were: