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1. For 2018, Polin marketing managers project monthly sales of 480,000 12-ounce bottles and 150,000 1-gallon containers. Average selling prices are estimated at $0.75
1. For 2018, Polin marketing managers project monthly sales of 480,000 12-ounce bottles and 150,000 1-gallon containers. Average selling prices are estimated at $0.75 per 12-ounce bottle and $1.80 per 1-gallon container. Prepare a revenues budget for Polin, Inc., for the year ending December 31, 2018. 2. Polin begins 2018 with 920,000 12-ounce bottles in inventory. The vice president of operations requests that 12-ounce bottles ending inventory on December 31, 2018, be no less than 670,000 bottles. Based on sales projections as budgeted previously, what is the minimum number of 12-ounce bottles Polin must produce during 2018? 3. The VP of operations requests that ending inventory of 1-gallon containers on December 31, 2018, be 220,000 units. If the production budget calls for Polin to produce 1,200,000 1-gallon containers during 2018, what is the beginning inventory of 1-gallon containers on January 1, 2018? Requirement 1. For 2018, Polin marketing managers project monthly sales of 480,000 12-ounce bottles and 150,000 1-gallon containers. Average selling prices are estimated at $0.75 per 12-ounce bottle and $1.80 per 1-gallon container. Prepare a revenues budget for Polin, Inc., for the year ending December 31, 2018 Revenues Budget For Year Ending December 31,2018 Units Price Total 12-oz. bottles 1-gallon containers Budgeted revenues
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