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partial credit, E6-21 (similar to) Question Help In 2017 2017, Lippart Lippart & Sons, a small environmental-testing firm, performed 12 comma 400 12,400 radon tests for $ 280 $280 each and 16 comma 200 16,200 lead tests for $ 180 $180 each. Because newer homes are being built with lead-free pipes, lead-testing volume is expected to decrease by 13 13% next year. However, awareness of radon-related health hazards is expected to result in a 5 5% increase in radon-test volume each year in the near future. Jim Lippart Lippart feels that if he lowers his price for lead testing to $ 160 $160 per test, he will have to face only a 6 6% decline in lead-test sales in 2018 2018. Read the requirements LOADING... . Requirement 1. Prepare the sales budget for Lippart Lippart & Sons assuming that prices are held at 2017 2017 levels. Sales Budget For the Year Ended December 31, 2018 Selling price Units sold in 2018 Total revenues Radon tests 280 13,020 $ 3,645,600 Lead tests 180 14,094 2,536,920 Total $ 6,182,520 Requirement 2. Prepare the sales budget assuming that Lippart Lippart lowers the price of a lead test to $ 160 $160. Sales Budget For the Year Ended December 31, 2018 Total revenues Radon tests Lead tests Total Choose from any list or enter any number in the input fields and then click Check Answer. 1 part remaining Clear All Check Answer

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