Solution-Prepare a revenues budget for Polin Inc

Prepare a revenues budget for Polin Inc

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Reference no: EM133109870

Question 1 - For 2018, Polin marketing managers project monthly sales of 490,000 12-ounce bottles and 200,000 1-gallon containers. Average selling prices are estimated at $0.80 per 12-ounce bottle and $1.90 per 1-gallon container. Prepare a revenues budget for Polin, Inc., for the year ending December 31, 2018.

Question 2 - Polin begins 2018 with 930,000 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 650,000 bottles. Based on sales projections as budgeted previously, what is the minimum number of 12-ounce bottles Polin must produce during 2018?

Question 3 - The VP of operations requests that ending inventory of 1-gallon containers on December 31, 2018, be 230,000 units. If the production budget calls for Polin to produce 1,200,000 1-gallon containers during 2018, what is the beginning inventory of 1-gallon containers on January 1, 2018?

Reference no: EM133109870

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Prepare a revenues budget for Polin Inc

Reference no: EM133109870

Reference no: EM133109870

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