Question: In 2021 , Wilder & Sons, a small environmental-testing firm, performed 12,200 radon tests for $330 each and 16,800 lead tests for $220 each. Because

 In 2021 , Wilder \& Sons, a small environmental-testing firm, performed

In 2021 , Wilder \& Sons, a small environmental-testing firm, performed 12,200 radon tests for $330 each and 16,800 lead tests for $220 each. Because newer homes are being built with lead-free pipes, lead-testing volume is expected to decrease by 12% next year. However, awareness of radon-related health hazards is expected to result in a 11% increase in radon-test volume each year in the near future. Jim Wilder feels that if he lowers his price for lead testing to $205 per test, he will have to face only a 7% decline in lead-test sales in 2022. Required 1. Prepare a 2022 sales budget for Wilder \& Sons assuming that Wilder holds prices at 2021 levels. 2. Prepare a 2022 sales budget for Wilder \& Sons assuming that Wilder lowers the price of a lead test to $205. Should Wilder lower the price of a lead its goal is to maximize sales revenue? Requirement 1. Prepare a 2022 sales budget for Wilder \& Sons assuming that Wilder holds prices at 2021 levels

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