Question

Washington 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 $ 80​, while the charge for the extended physical is $ 145. Washington expects to perform 210 basic physicals and 180 extended physicals in July​, 255 basic and 215 extended in August​, and 125 basic and 70 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.

Answer 1

Washington Sports​ Medicine, Inc.

Sales budget

July August September

Products S.P/Unit Qty Value Qty Value Qty Value

Basic physicals $80 120 $9,600 255 $20,400 125 $10,000

Extended phys. $145 180 $26,100 215 $31,175 70 $10,150

For the quarter

Products S.P/Unit Total quantity Total amount

Basic physicals $80 500 $40,000

Extended phys. $145 465 $67,425

Step-by-step explanation:

The sales budget is a budget that shows the quantity of units projected to be sold, the expected selling price per unit and the gross or total sales for the period (usually in the immediate future).

The total sales is the product of the quantity sold and the unit selling price of each product.