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Posh, Inc., bottles and distributes mineral water from the company's natural springs in northem Oregon. Posh markets two products: 12-ounce disposable plastic bottles and 1-gallan
Posh, Inc., bottles and distributes mineral water from the company's natural springs in northem Oregon. Posh markets two products: 12-ounce disposable plastic bottles and 1-gallan reusable plastic containers Read the recuirements Revenues Budget For Year Ending December 31,2018 Total Units Price 12-0z, bottles 1-gallon containers Budgeted revenues Requirement 2. Posh begins 2018 with 930,000 12-ounce botties in inventory. The vice president of opaus Teguests that 12-ounce olieS ending inventory on December 31, 2018, be no less than 670,000 bottles. Based 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 12 oz, bottles Budgeted sales in units Add target ending finished goods inventory Total requirements Deduct beginning finished goods inventory Units to be produced - X iRequirements 1. For 2018, Posh marketing managers project monthly sales of 430,000 12-Ounce bottles and 110,000 1-gallon containers. Average selling prices estimated at $0.90 per 12-ounce bottle and $1.10 per 1-gallon container. Prepare a revenues 2018 are budget for Posh, Inc., for the year ending December 31 2. Posh 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 670,000 bottles. Based on sales projections bottles Posh must produce during 2018? budgeted previously, what is the minimum number of 12-ounce as 3. The VP of operations requests that ending inventory of 1-gallon containers on December 31, 2018, be 290,000 units. If the production budget calls for Posh to produce 1,100,000 1-gallon containers during 2018, what is the beginning inventory of 1-gallon containers on January 1, 2018? Print Done
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