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 410,00012 -ounce bottles and 200,000 1-gallon containers. Average selling prices are estimated at $0.75 per 12 -ounce bottle and $1.40 per 1-gallon container. Prepare a revenues budget for Porch, Inc., for the year ending December 31, 2018. Requirements 1. For 2018 , Porch marketing managers project monthly sales of 410,000 12-ounce bottles and 200,000 1-gallon containers. Average selling prices are estimated at $0.75 per 12 -ounce bottle and $1.40 per 1 -gallon container. Prepare a revenues budget for Porch, Inc., for the year ending December 31 , 2018. 2. Porch begins 2018 with 960,00012 -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 280,000 units. If the production budget calls for Porch to produce 1,600,0001-gallon containers during 2018 , what is the beginning inventory of 1-gallon containers on January 1, 2018