Question
Apple and Samsung Electronics are two leading technology companies known for their smartphones and consumer electronics. Both companies undertake various product development projects with significant
Apple and Samsung Electronics are two leading technology companies known for their smartphones and consumer electronics. Both companies undertake various product development projects with significant costs.
Scenario: Apple is developing its latest iPhone model, while Samsung Electronics is working on its flagship Galaxy smartphone. The development costs for each project include research and development (R&D), marketing, and production setup.
Project | Research and Development Expenses | Marketing Expenses | Production Setup Costs |
Apple iPhone | $500 million | $300 million | $200 million |
Samsung Galaxy | $450 million | $280 million | $220 million |
Requirements:
- Calculate the total project costs for Apple's iPhone development.
- Determine the total project costs for Samsung's Galaxy development.
- Analyze the cost distribution across different project components for both Apple and Samsung.
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