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

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Prout, Inc., bottles and distributes mineral water from the company's natural springs in northern Oregon. Prout markets two products: 12-ounce disposable plastic bottles and 1-gallon reusable plastic containers. Read the requirements. Requirement 1. For 2018, Prout marketing managers project monthly sales of 410,00012 -ounce bottles and 120,0001 -gallon containers. Average selling prices are estimated at $0.50 per 12-ounce bottle and $1.20 per 1-gallon container. Prepare a revenues budget for Prout, Inc., for the year ending December 31, 2018. Revenues Budget Requirements 1. For 2018 , Prout marketing managers project monthly sales of 410,000 12-ounce bottles and 120,000 1-gallon containers. Average selling prices are estimated at $0.50 per 12-ounce bottle and $1.20 per 1-gallon container. Prepare a revenues budget for Prout, Inc., for the year ending December 31 , 2018. 2. Prout 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 620,000 bottles. Based on sales projections as budgeted previously, what is the minimum number of 12-ounce bottles Prout must produce during 2018 ? 3. The VP of operations requests that ending inventory of 1-gallon containers on December 31,2018 , be 250,000 units. If the production budget calls for Prout to produce 1,000,000 1-gallon containers during 2018 , what is the beginning inventory of 1-gallon containers on January 1, 2018

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