A firm's demand data from the last two quarter is displayed in the table.Use a three period weighted moving average with Wt = 0.7,Wt-1 = 0.2,and Wt-2 = 0.1 to forecast demand for July. 
Definitions:
Balance Carried Forward
The amount of money from a previous accounting period that is transferred to the current period's accounts.
Markup Percent
A percent that is used to compute the amount of dollar markup by multiplication. It could be a percent that multiplies the cost to find the dollar markup; or, it could be a percent that multiplies the selling price to find that dollar markup.
Selling Price
The price at which a product or service is offered to the buyer.
Markup Percent
The fraction of the cost price of items increased to cover operational expenses and secure profit.
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