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In 2017, Benesch & Sons, a small environmental-testing firm, performed 10,600 radon tests for $320 each and 15,800 lead tests for $230 each. Because newer

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In 2017, Benesch & Sons, a small environmental-testing firm, performed 10,600 radon tests for $320 each and 15,800 lead tests for $230 each. Because newer homes are being built with lead-free pipes, lead-testing volume is expected to decrease by 14% next year. However, awareness of radon-related health hazards is expected to result in a 4% increase in radon-test volume each year in the near future. Jim Benesch feels that if he lowers his price for lead testing to $210 per test, he will have to face only a 6% decline in lead-test sales in 2018. Read the requirements. Requirement 1. Prepare the sales budget for Benesch & Sons assuming that prices are held at 2017 levels. Sales Budget i Requirements Total revenues For the Year Ended December 31, 2018 Selling price Units sold in 2018 320 230 Radon tests Lead tests Total 1. Prepare a 2018 sales budget for Benesch & Sons assuming that Benesch holds prices at 2017 levels. 2. Prepare a 2018 sales budget for Benesch & Sons assuming that Benesch lowers the price of a lead test to $210. Should Benesch lower the price of a lead test in 2018 if the company's goal is to maximize sales revenue? Requirement 2. Prepare the sales budget assuming that Benesch lowers the price of a lead test to $210. Sales Budget For the Year Ended December 31, 2018 Print Done Total revenues Radon tests Lead tests Total Benesch V lower the price of a lead test in 2018 if its goal is to maximize sales revenue. Choose fri should not rany number in the input fields and then continue to the next question. should

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