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

Read the equirements.

a revenues budget for Saphire, Inc., for the year ending December $31,2021.$

Revenues Budget

For Year Ending December $31,2021$

Requirements

For $2021,$ Saphire marketing managers project monthly sales of $500,000$

$12-$ounce bottles and $130,0001-$gallon containers. Average selling prices are

estimated at $$0\mathrm{.}30$ per $12-$ounce bottle and $$1\mathrm{.}60$ per $1-$gallon container.

Prepare a revenues budget for Saphire, Inc., for the year ending

December $31,2021.$

Saphire begins $2021$ with $980,00012-$ounce bottles in inventory. The vice

president of operations requests that $12-$ounce bottles ending inventory on

December $31,2021,$ be no less than $660,000$ bottles. Based on sales

projections as budgeted previously, what is the minimum number of $12-$ounce

bottles Saphire must produce during $2021?$

The VP of operations requests that ending inventory of $1-$gallon containers on

December $31,2021,$ be $300,000$ units. If the production budget calls for

Saphire to produce $1,200,0001-$gallon containers during $2021,$ what is the

beginning inventory of $1-$gallon containers on January $1,2021?$