Budgeting and Financial Forecasting for Toyota

Requirements:

1. Develop a budgeting and financial forecasting framework for Toyota's new line of hydrogen fuel cell trucks.

Cost Category	Budgeted Amount ($)	Forecasted Sales Revenue ($)
R&D Expenses	250,000,000	280,000,000
Manufacturing Costs	1,500,000,000	1,600,000,000
Marketing Expenses	200,000,000	230,000,000

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