Budgeting and Financial Forecasting for Honda

Requirements:

1. Develop a budgeting and financial forecasting framework for Honda's new line of autonomous vehicles.

Cost Category	Budgeted Amount ($)	Forecasted Sales Revenue ($)
R&D Expenses	180,000,000	200,000,000
Manufacturing Costs	900,000,000	1,000,000,000
Marketing Expenses	120,000,000	150,000,000

• Prepare a comprehensive budget for Honda's autonomous vehicle production, including R&D, manufacturing, and marketing expenses.
• Perform financial forecasting for Honda's sales revenue, considering market demand and economic conditions.
• Recommend strategies to optimize budget allocation and achieve financial targets for Honda's new autonomous vehicle lineup.