Sama, Inc., makes two type of cups: glass cups and plastic cups.

Required (show your calculation):

1. For 2019, price marketing managers project monthly sales of 420,000 glass cups and 170,000 plastic cups. Average selling prices are estimated at $0.20 per glass cup and & 1.50 per plastic cup. Prepare a revenue budget for Sama, Inc., for the year ending December 31, 2019.

2. Sama begins 2019 with 890,000 glass cups in inventory. The vice president of operations requests that glass cups ending inventory on December 31, 2019, be no less than 680,000 cups. Based on sales projections as budgeted previously, what is the minimum number of glass cups Sama must produce during 2019?

3. The VP of operations requests that ending inventory of plastic cups on December 31, 2019, be 240,000 units. If the production budget calls Sama to produce 1,900,000 plastic cups during 2019, what is the beginning inventory of plastic cups on January 1, 2019?