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s344n2d4d5 [400]
3 years ago
10

Sports​ Medicine, Inc., offers two types of physical exams for​ students: the basic physical and the extended physical. The char

ge for the basic physical is $ 95​, while the charge for the extended physical is $ 150. Jefferson expects to perform 240 basic physicals and 165 extended physicals in July​, 250 basic and 215 extended in August​, and 80 basic and 90 extended in September. Prepare the sales budget for the service revenue expected from the physical exams performed for the second quarter ​(July through September​), with a column for each month and for the quarter in total.
Business
1 answer:
kramer3 years ago
3 0

<em>Explanation</em>:

Second Quarter Sales budget

<u>Forecasted Physical Exam. (Basic at $95 per exam and Extended at $150)</u>

July

Basic > 240 =95*240=23,040

Extended > 165 = 150*165=25,200

August  

Forecasted Physical Exam.

Basic > 250 = 95*250=23,750

Extended > 215 =150*215=32,250

September

Forecasted Physical Exam.

Basic > 80  =90*80 =7,200

Extended > 90 =150*90 =13500

Total Gross Sales

Basic=$53,990

Extended=$70,950

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The principal​ balance is $151,573

Explanation:

For computing the principal balance, we need the following calculation which is shown below:

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