Posh , Inc., bottles and distributes mineral water from the company's natural springs in northern Oregon. Posh markets two products: 12-ounce disposable plastic bottles and 1-gallon reusable plastic containers.

1. For 2018, Posh marketing managers project monthly sales of 480 comma 000 12-ounce bottles and 110,000 1-gallon containers. Average selling prices are estimated at $ 0.60 per 12-ounce bottle and $ 1.80 per 1-gallon container. Prepare a revenues budget for Posh, Inc., for the year ending December 31, 2018.

2. Posh begins 2018 with 890,000 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 620,000 bottles. Based on sales projections as budgeted previously, what is the minimum number of 12-ounce bottles Posh must produce during 2018?

3.The VP of operations requests that ending inventory of 1-gallon containers on December 31, 2018, be 220,000 units. If the production budget calls for Posh to produce 1 comma 400000 1-gallon containers during 2018, what is the beginning inventory of 1-gallon containers on January 1, 2018?

Requirement 1. For 2018, Posh marketing managers project monthly sales of 480,000 12-ounce bottles and 110 comma 000 1-gallon containers. Average selling prices are estimated at $ 0.60 per 12-ounce bottle and $ 1.80 per 1-gallon container. Prepare a revenues budget for Posh, 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	blank	blank

Requirement 2. Posh begins 2018 with 890 comma 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 620 comma 000 bottles. Based on sales projections as budgeted previously, what is the minimum number of 12-ounce bottles Posh must produce during 2018?

Production Budget (in Units) For the Year Ending December 31,2018

Requirement 3. The VP of operations requests that ending inventory of 1-gallon containers on December 31, 2018, be 220,000 units. If the production budget calls for Posh to produce 1 comma 400,000 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.