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In 2020, Rouse & Sons, a small environmental-testing firm, performed 10,800 radon tests for 5310 each and 15,400 lead tests for $220 each. Because newer

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In 2020, Rouse & Sons, a small environmental-testing firm, performed 10,800 radon tests for 5310 each and 15,400 lead tests for $220 each. Because newer homes are being built with lead-free pipes, lead-testing volume is expected to decrease by 13% next year. However, awareness of radon-related health hazards is expected to result in a 6% increase in radon test volume each year in the near future, Jim Rouse feels that if he lowers his price for lend testing to $210 per test, he will have to face only a 5% decline in lead-test sales in 2021 Read the requirements Incon (0/4) Requirement 1. Prepare the sales budget for Rouse & Sons assuming that prices are held at 2020 levels, Sales Budget For the Year Ended December 31, 2021 Total revenues Radon tests Lead tests Total near future. Jim Rouse feels that if he lowers his price for lead testing to sales in 2021. Requirements - a 1. Prepare a 2021 sales budget for Rouse & Sons assuming that Rouse holds prices at 2020 levels. 2. Prepare a 2021 sales budget for Rouse & Sons assuming that Rouse lowers the price of a lead test to $210. Should Rouse lower the price of a lead test in 2021 if the company's goal is to maximize sales revenue? Print Done

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