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Chapter 6 Assignment 6 - 1 7 Sales budget, service setting. ( LO 2 ) In 2 0 2 1 , McGrath & Sons, a
Chapter Assignment
Sales budget, service setting. LO In McGrath & Sons, a small environmentaltesting firm, performed radon tests for $ each and lead tests for $ each. Because newer homes are being built with leadfree pipes, leadtesting volume is expected to decrease by next year. However, awareness of radonrelated health hazards is expected to result in a increase in radontest volume each year in the near future. Jim McGrath feels that if he lowers his price for lead testing to $ per test, he will have to face only a decline in leadtest sales in
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Prepare a sales budget for McGrath & Sons assuming that McGrath holds prices at levels.
Prepare a sales budget for McGrath & Sons assuming that McGrath lowers the price of a lead test to $ Should McGrath lower the price of a lead test in if its goal is to maximize sales revenue?
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