1. Assuming that Banyan has sufficient capacity to handle all of the four potential contracts, analyze and propose a pricing strategy for each of the four contracts. Include in your analysis a discussion of all considerations and implications involved in making a decision regarding the approval of each potential contract. (12 marks) 2. Assume that, for 1988, Banyan hag idle capacity of only 600,000 machine hours available for the four potential contracts. Indicate how your answers to part (a) would change given this new assumption. (5 marks) 3. Evaluate Banyan' s current pricing and management control system