Suppose that the unadjusted seasonal factor for the month of April is 1.10.The sum of the 12 months' unadjusted seasonal factor values is 12.18.The normalized (adjusted)seasonal factor value for April is:
A)1.1165
B)1.0837
C)1.10
D)1.3398
E)Cannot be determined with the information provided.

Question

Quizplus · Accepted Answer

To find the normalized seasonal factor for April, we need to divide the unadjusted seasonal factor for April (1.10) by the sum of all 12 unadjusted seasonal factors (12.18) and then multiply by 12 (since we have 12 months). 
So, normalized seasonal factor for April = (1.10/12.18) x 12 = 1.0837 (rounded to 4 decimal places). 
Therefore, the answer is B.

Suppose That the Unadjusted Seasonal Factor for the Month of April