Question: In 2017. Howell & Sons, a small environmental testing firm, performed 11,800 radon tests for $250 each and 16.600 lead tests for $230 each. Because

In 2017. Howell & Sons, a small environmental testing firm, performed 11,800 radon tests for $250 each and 16.600 lead tests for $230 each. Because newer homes are being built with lead-free pipes, lead testing volume is expected to decrease by 9% next year. However, awareness of radon-related health hazards is expected to result in a 7% increase in radon-test volume each year in the near future Jim Howell feel that it he lowers his price for lead testing to $220 per test, he will have to face only a 4% decline in lead-test sales in 2018 Read the requirements Requirement 1. Prepare the sales budget for Howell & Sons assuming that prices are held at 2017 levels. Sales Budget For the Year Ended December 31, 2018 Total revenues Radon tests Lead tests Toul Requirement 2. Prepare the sales budget assuming that Howell lowers the price of a lead best to $220 Sales Budget For the Year Ended December 31, 2018 Radon tests Leads or the radosti ali mislearen Choose from any list or enter any number in the input fields and then continue to the next Gestion W NU I U USI 5dies in 2018. ning that prices are held at 2017 levels. Requirements 1. Prepare a 2018 sales budget for Howell & Sons assuming that Howell holds prices at 2017 levels. 2. Prepare a 2018 sales budget for Howell & Sons assuming that Howell lowers the price of a lead test to $220. Should Howell lower the price of a lead test in 2018 if the company's goal is to maximize sales revenue? Print Done - if its goal is to maximize sales revenue. at fields and then continue to the next
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