Business, 26.06.2019 19:00 miyahhh123

In year 1, a large domestic manufacturer produces all of its motors domestically and sells them internationally. the company's management team is in the process of developing its year 2 budget, and copper costs represent a significant line item in the budget. in year 1，the company spent $1,000,000 in purchasing 250,000 pounds of copper. economic data indicate that in year 1 copper costs had a price index of 120.0, and expectations are that the index will increase to 126.0 in year 2. management anticipates a 5 percent increase in copper usage for year 2. what amount represents the year 2 budget for copper purchases?

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