In: Accounting
Do in excel please.
Sales Budget (Learning Objective 2)
Jefferson 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 $60, while the charge for the extended physical is $135. Jefferson expects to perform 220 basic physicals and 190 extended physicals in July, 235 basic and 200 extended in August, and 105 basic and 110 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.
Solution :
Please find the attached screenshot of the excel sheet containing the detailed calculation for the solution.