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 410,000 12-ounce bottles and 140,000 1-gallon containers. Average selling prices are estimated at $0.40 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 Total 12-oz. bottles 1-gallon containers Budgeted revenues Requirement 2. Porch begins 2018 with 930,000 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 660,000 bottles. Based on sales projections as budgeted previously, what is the minimum number of 12-ounce bottles Porch must produce during 2018? The minimum number of 12-ounce bottles Porch must produce during 2018 is Requirement 3. The VP of operations requests that ending inventory of 1-gallon containers on December 31, 2018, be 230.000 units. If the production budget calls for Porch to produce 1,800,000 1-gallon containers during 2018, what is the beginning inventory of 1-gallon containers on January 1, 2018? The beginning inventory of 1-gallon containers, in units, is on January 1, 2018 Requirements 1. For 2018, Porch marketing managers project monthly sales of 410,000 12-ounce bottles and 140,000 1-gallon containers. Average selling prices are estimated at $0.40 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 930,000 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 660,000 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 230,000 units. If the production budget calls for Porch to produce 1,800,000 1-gallon containers during 2018, what is the beginning inventory of 1-gallon containers on January 1, 2018