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 Cecuirements. Requirement 1. For 2021, Ponte marketing managers project monthly sales of 430,00012 -ounce bottles and 150,0001 -gallon containers. Average selling prices are estimated at $0.30 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. 1. For 2021, Ponte marketing managers project monthly sales of 430,000 12-ounce bottles and 150,000 1-gallon containers. Average selling prices are estimated at $0.30 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 610,000 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 220,000 units. If the production budget calls for Ponte to produce 1,700,000 1-gallon containers during 2021, what is the beginning inventory of 1-gallon containers on January 1,2021