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Question 3 Gamma Company bottles and distributes mineral water from the company's natural springs in Highlands. Gamma markets two products: 12-ounce disposable plastic bottles and

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Question 3 Gamma Company bottles and distributes mineral water from the company's natural springs in Highlands. Gamma markets two products: 12-ounce disposable plastic bottles and 1-gallon reusable plastic containers. a. Required: For 2022, Gamma's marketing manager projects monthly sales of 420,000 12-ounce bottles and 170,000 1-gallon containers. Average selling prices are estimated at $0.20 per 12-ounce bottle and $1.50 per 1-gallon container. Prepare a revenue budget for Gamma Company for the year ending 31 December 2022. b. Gamma begins 2022 with 890,000 12-ounce bottles in inventory. The vice president (VP) of operations requests that 12-ounce bottles ending inventory on 31 December 2022 be no less than 680,000 bottles. Based on sales projections as budgeted previously, what is the minimum number of 12-ounce bottles Gamma must produce during 2022? c. The VP of operations requests that ending inventory of 1-gallon containers on 31 December 2022, be 240,000 units. If the production budget calls for Gamma to produce 1,900,000 1-gallon containers during 2022, what is the beginning inventory of 1-gallon containers on 1 January 2022

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