Harver budgets production of 300 units of product A and 400 units of product B Each finished unit requires 4 pounds of raw material copper and 2 pounds of silicon for product A and requires 6 pounds of raw material copper and 4 pounds of silicon for product B, which costs $5 and 3$per pound respectively. Each month's ending inventory of raw materials is 800 for copper and 200 for silicon The June 1 raw materials inventory has 1000 pounds of raw material copper and 300 for silicon. Compute budgeted purchases for raw material for June and Direct material budget

You are the owner of a local honda dealership. unlike other dealerships in the area, you take pride in your “no haggle” sales policy. last year, your dealership earned record profits of $1.5 million. however, according to the local chamber of commerce, your earnings were 10 percent less than either of your competitors. in your market, the price elasticity of demand for midsized honda automobiles is 4.5. in each of the last five years, your dealership has sold more midsized automobiles than any other honda dealership in the nation. this entitled your dealership to an additional 30 percent off the manufacturer’s suggested retail price (msrp) in each year. taking this into account, your marginal cost of a midsized automobile is $11,000. what price should you charge for a midsized automobile if you expect to maintain your record sales?