Prime, Inc., bottles and distributes mineral water from the company's natural springs in northern Oregon. Prime markets two products: 12-ounce disposable plastic bottles and 1-gallon reusable plastic containers. 1. For 2018, Prime marketing managers project monthly sales of 420,000 12-ounce bottles and 170,000 1-gallon containers. Average selling prices are estimated at $0.90 per 12-ounce bottle and $1.25 per 1-gallon container. Prepare a revenues budget for Prime, Inc., for the year ending December 31, 2018. 2. Prime begins 2018 with 970,000 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 650,000 bottles. Based on sales projections as budgeted previously, what is the minimum number of 12-ounce bottles Prime 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 Prime to produce 1,000,000 1-gallon containers during 2018, what is the beginning inventory of 1-gallon containers on January 1, 2018