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Test Chapter 6 Pre-Class Submit Test This Question 10 pts This Test 25 pts possibl 1 of 4 Prime, Inc., bottles and distributes mineral water
Test Chapter 6 Pre-Class Submit Test This Question 10 pts This Test 25 pts possibl 1 of 4 Prime, Inc., bottles and distributes mineral water from the company's natural springs in northern Oregon. Prime markets two products: 12-ounce disposable plastic bottles and 1-gallon reusable plastic containers Requirements 1. For 2015, Prime marketing managers project monthly sales of 410,000 12-ounce bottles and 130,000 1-gallon containers. Average selling prices are estimated at $0.75 per 12-ounce bottle and $1.80 per 1-gallon container Prepare a revenues budget for Prime, Inc., for the year ending December 31, 2015 2. Prime begins 2015 with 960,000 12-ounce bottles in inventory. The vice president of operations requests that 12-ounce bottles ending inventory on December 31, 2015, be no less than 650,000 bottles. Based on sales projections as budgeted previously, what is the minimum number of 12-ounce bottles Prime must produce during 2015? 3. The VP of operations requests that ending inventory of 1-gallon containers on December 31, 2015, be 280,000 units. If the production budget calls for Prime to produce 1,000,000 1-gallon containers during 2015, what is the beginning inventory of 1-gallon containers on January 1, 2015? Requirement 1. For 2015, Prime marketing managers project monthly sales of 410,000 12-ounce bottles and 130,000 1-gallon containers. Average selling prices are estimated at $0.75 per 12-ounce bottle and $1.80 per 1-gallon container Prepare a revenues budget for Prime Inc., for the year ending December 31, 2015 Revenues Budget For Year Ending December 31,2015 Units Price Total 12-oz. bottles 1-gallon containers Budgeted revenues Requirement 2. Prime begins 2015 with 960,000 12-ounce bottles in inventory. The vice president of operations requests that 12-ounce bottles ending inventory on December 31, 2015, be no less than 650,000 bottles. Based on sales projections as budgeted previously, what is the minimum number of 12-ounce bottles Prime must produce during 2015? Production Budget (in Units) For the Year Ending December 31,2015 12 oz. bottles Choose from any list or enter any number in the input fields and then continue to the next
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