Business, 04.08.2020 21:01 batmannn1516

In 2017, Lippart & Sons, a small environmental-testing firm, performed 11,000 radon tests for $330 each and 15,000 lead tests for $240 each. Because newer homes are being built with lead-free pipes, lead-testing volume is expected to decrease by 15% 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 Lippart feels that if 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.Required:a. Prepare a 2018 sales budget for Hart & Sons assuming that Hart holds prices at 2017 levels. b. Prepare a 2018 sales budget for Hart & Sons assuming that Hart lowers the price of a lead test to $200.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 01:30

Emil motycka is considered an entrepreneur because

Answers: 2

Answer

Business, 22.06.2019 12:30

howard, fine, & howard is an advertising agency. the firm uses an activity-based costing system to allocate overhead costs to its services. information about the firm's activity cost pool rates follows: stooge company was a client of howard, fine, & howard. recently, 7 administrative assistant hours, 3 new ad campaigns, and 8 meeting hours were incurred for the stooge company account. using the activity-based costing system, how much overhead cost would be allocated to the stooge company account?

Answers: 1

Answer

Business, 22.06.2019 22:00

Which of the following statements about nonverbal communication is most accurate? a. the meanings of some gestures can vary among cultures b. the way an e-mail, letter, memo, or report looks can have either a positive or a negative effect on a receiver c. the manner in which we structure and use time can reveal our personalities and attitudes d. all statements are accurate

Answers: 1

Answer

Business, 22.06.2019 22:40

Rolston music company is considering the sale of a new sound board used in recording studios. the new board would sell for $27,200, and the company expects to sell 1,570 per year. the company currently sells 2,070 units of its existing model per year. if the new model is introduced, sales of the existing model will fall to 1,890 units per year. the old board retails for $23,100. variable costs are 57 percent of sales, depreciation on the equipment to produce the new board will be $1,520,000 per year, and fixed costs are $1,420,000 per year.if the tax rate is 35 percent, what is the annual ocf for the project?

Answers: 1

Answer

You know the right answer?

In 2017, Lippart & Sons, a small environmental-testing firm, performed 11,000 radon tests for $3...

Questions

Business, 23.10.2019 08:50

Me with my homework on service cost allocation (step down method)