Requirements 1. For 2018, Prout marketing managers project monthly sales of 470,000 12-ounce bottles and 190,000 1-gallon containers. Average selling prices are estimated at $0.40 per 12-ounce bottle and $1.10 per 1-gallon container. Prepare a revenues budget for Prout, Inc., for the year ending December 31 2. Prout begins 2018 with 960,000 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 680,000 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 260,000 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? Prout, Inc., bottles and distributes mineral water from the company's matural springa in nordhern Oregen. Prout markets two products: 12 cunce dspocable plaztic bottles and 1-galon reusable plaatic containere Read e Requirement 1. 201 P out mar eng managers pro cct mo sales o 470 000 12 ounce bo es and 190 000 galon conta norS. Average sal ng p ces re es mated at $0 40 per 2 ounce bott e and $1.10 per 1 ollon conta ner. Proparc ontalnore Aaverage s cvenes budget or Pro ng December 31, 2010. fer Prour nc or he year ar Revenues Budget or Year EdDcember 31,2018 Iotal Budgcted revenues Requirement 2 Prout be "5 2018 with muat produce ding 20187 2-ounce budgeted previcusl wh 5 000 2 ounce o des n r en or The vce res den o o er t uns equests th12 ounce boti es ng m entry on ecemot 31. 2018, an 680 000 botes ased o on sales projections as es pro ection asbu eted prev ous v. hais he mmmum 2-ounce bo out e no ess m er es Production Hudget (inUnirs) For the Year Ending December 31,2018 12 oe. bottleg Unis to ba produzcd Requirement 3. The VP cf opcrations requcsts that cnding immentory of 1 galon containers on Decmber 31,2 The beginning invertory or 1-lon conteiners, in unite, is bc 260,000 units Ethc producticn budget calls for Prout to praducc 1 1,000,000 1 galon contain ers during 2010 what tha beginning imventory of 1 galon containers on January 1, 2010? inventory of 1 gal on Jenuery 1, 2018