K Ponte, Inc., bottles and distributes mineral water from the company's natural springs in northern Oregon. Ponte markets two products: 12-ounce disposable plastic bottles and 1-gallon reusable plastic containers. Read the requirements. Requirement 1. For 2021, Ponte marketing managers project monthly sales of 470,000 12-ounce bottles and 170,000 1-gallon containers. Average selling prices are estimated at $0.75 per 12-ounce bottle and $1.20 per 1-gallon container. Prepare a revenues budget for Ponte, Inc., for the year ending December 31, 2021. Revenues Budget For Year Ending December 31, 2021 12-oz. bottles Units Price Total 1-gallon containers Budgeted revenues Requirement 2. Ponte begins 2021 with 990,000 12-ounce bottles in inventory. The vice president of operations requests that 12-ounce bottles ending inventory on December 31, 2021, be no less than 690,000 bottles. Based on sales projections as budgeted previously, what is the minimum number of 12-ounce bottles Ponte must produce during 2021? Production Budget (in Units) For the Year Ending December 31, 2021 Requirements 12 oz. bottles 1. For 2021, Ponte marketing managers project monthly sales of 470,000 12-ounce bottles and 170,000 1-gallon containers. Average selling prices are estimated at $0.75 per 12-ounce bottle and $1.20 per 1-gallon container. Prepare a revenues budget for Ponte, Inc., for the year ending December 31, 2021. 2. Ponte begins 2021 with 990,000 12-ounce bottles in inventory. The vice president of operations requests that 12-ounce bottles ending inventory on December 31, 2021, be no less than 690,000 bottles. Based on sales projections as budgeted previously, what is the minimum number of 12-ounce bottles Ponte must produce during 2021? 3. The VP of operations requests that ending inventory of 1-gallon containers on December 31, 2021, be 290,000 units. If the production budget calls for Ponte to produce 1,900,000 1-gallon containers during 2021, what is the beginning inventory of 1-gallon containers on January 1, 2021? - hers on December 31, 2021, containers during 2021, what