Question

Lacob Sports​ Medicine, Inc., offers two types of physical exams for​ students: the basic physical and the extended physical. The charge for the basic physical is $85​, while the charge for the extended physical is $160. Lacob expects to perform 225 basic physicals and 165 extended physicals in July​, 245 basic and 210 extended in August​, and 85 basic and 65 extended in September.

Prepare the sales budget for the second quarter ​(July through September) with a column for each month and for the quarter in total.

Complete the sales budget one step at a time.

Lacob Company
Sales Budget
For the Months of July through September
	July	August	September	Quarter
Number of exams performed (basic)
Multiply by: Price per exam
Sales revenue (basic)

Number of exams performed (extended)
Multiply by: Price per exam
Sales revenue (extended)

Total sales revenue

Answer 1

The answer has been presented in the supporting sheet. All the parts has been solved with detailed explanation and calculation. For detailed answer refer to the supporting sheet.

F 1 Answer 2 4 Lacob Company 5 Sales Budget 6 For the Months of July through September $ $ $ $ $ $ 8 Number of exams performed (basic) 9 Multiply by Price Per Exam 10 Sales revenue (basic) 11 Number of exams performed (Extended) 12 Multiply by Price Per Exam 13 Sales revenue (Extended) 14 Total Sales Revenue 15 July 225 85 19,125 165 160 26,400 45,525 August September 245 85 85 $ 85 20,825 $ 7,225 210 L 65 160 $ 160 33,600 $ 10,400 54,425 $ 17,625 Quarter 555 85 47,175 440 160 70,400 117,575 $ $ $ $ $ $ $ $ $