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Price, Inc., bottles and distributes mineral water from the company's natural springs in northern Oregon. Price markets two products: 12- ounce disposable plastic bottles and
Price, Inc., bottles and distributes mineral water from the company's natural springs in northern Oregon. Price markets two products: 12- ounce disposable plastic bottles and 1-gallon reusable plastic containers. Read the requirements. Requirement 1. For 2018, Price marketing managers project monthly sales of 460,000 12-ounce bottles and 170,000 1-gallon containers. Average selling prices are estimated at $0.75 per 12-ounce bottle and $1.20 per 1-gallon container. Prepare a revenues budget for Price, 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
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