Question: In 2017, McGrath & Sons, a smail environmental testing fem, performed 11,000 radon tests for $310 each and 16,000 lead tests for $230 each. Because

In 2017, McGrath & Sons, a smail environmental testing fem, performed 11,000 radon tests for $310 each and 16,000 lead tests for $230 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 resu increase in radon test volume each year in the near future Jim McGrath feels that if he lowers his price for lead testing to 1220 per test, he will have to face only a 0% decline in lead-test sales in 2018 Requirement 1. Prepare the sales budget for McGrath & Sons assuming that prices are held at 2017 levels Sales Budget For the Year Ended December 31, 2018 Radon tests Laad tests Total

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