Porch, Inc., bottles and distributes mineral water from the company's natural springs in northern Oregon. Porch markets two products: 12-ounce disposable plastic bottles and 1-gallon reusable plastic containers. Read the requirements. Requirement 1. For 2018, Porch marketing managers project monthly sales of 450,000 12-ounce bottles and 180,000 1-gallon containers. Average selling prices are estimated at $0.90 per 12-ounce bottle and $1.80 per 1-gallon container. Prepare a revenues budget for Porch, Inc., for the year ending December 31, 2018. Revenues Budget For Year Ending December 31,2018 Units Price 12-oz. bottles 5,400,000 $ 0.90 $ 1-gallon containers 2,160,000 $ 1.80 Total 4,860,000 3,888,000 8,748,000 Budgeted revenues Requirement 2. Porch begins 2018 with 990,000 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 Porch must produce during 2018? Production Budget (in Units) For the Year Ending December 31,2018 i Requirements Budgeted sales in units 12 oz. bottles 5760000 670000 Add target ending finished goods inventory Total requirements Deduct beginning finished goods inventory 1. For 2018, Porch marketing managers project monthly sales of 450,000 12-ounce bottles and 180,000 1-gallon containers. Average selling prices are estimated at $0.90 per 12-ounce bottle and $1.80 per 1-gallon container. Prepare a revenues budget for Porch, Inc., for the year ending December 31, 2018. 2. Porch begins 2018 with 990,000 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 Porch must produce during 2018? 3. The VP of operations requests that ending inventory of 1-gallon containers on December 31, 2018, be 270,000 units. If the production budget calls for Porch Units to be produced Choose from any list or enter any number in the input fields and then click Check