Question: please show work so I can solve problems like this one going forward display. An advertising budget of $5.5 million a year was proposed for

display. An advertising budget of $5.5 million a year was proposed for the first few years of new product introduction. A product manager from the cereal division was chosen to handle the marketing of the new line. (Cost data for the project are given in Table II.) TABLE I Kitchen Electrics Sales Patterns and Projections (individual units) Tahlo II Cnet nato a Six units were packaged in one case. For example, six coffeemakers are to be shipped in one case. bo be depreciated over 10 years - standard accounting practice. c These costs represented the costs to develop the prototypes, conduct consumer tests and other cost incurred in the new product development process
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