Assess the financial feasibility of Company Y's expansion into new markets using process costing.

Requirements:

1. Calculate the fixed costs associated with Company Y's market entry strategies in North America, estimated at $15,000,000.
2. Determine the variable costs per market entry initiative using process costing methods.
3. Estimate the total cost per market expansion project and assess profitability over a 6-year period.
4. Recommend strategies to optimize market penetration and revenue growth.

Investment Project	Initial Investment ($)	Annual Cash Flows ($)	Project Life (years)
North America Expansion	$20,000,000	$4,000,000	6
Latin America Expansion	$18,000,000	$3,500,000	5