\begin{tabular}{l|l} Steve Jones, the general manager of McCormick Software, must decide when to release the new version of McCormick's & The product can be shipped starting July 1,2017. \end{tabular} spreadsheet package, Easyspread 2.0. Development of Easyspread 2.0 is complete; however, the diskettes, (Click the icon to view the relevant costs information.) compact discs, and user manuals have not yet been produced. The following information is available: (Click to view the information.) Read the requirements. Requirement 1. On the basis of financial considerations alone, should Jones introduce Easyspread 2.0 on July 1,2017 , or wait until October 1,2017 ? Show your calculations, clearly identifying relevant and irrelevant rever Begin by determining whether each item is relevant or irrelevant for this decision. (Make a selection for each item.) Requirements 1. On the basis of financial considerations alone, should Jones introduce Easyspread 2.0 on July 1, 2017, or wait until October 1, 2017? Show your calculations, clearly identifying relevant and irrelevant revenues and costs. 2. What other factors might Steve Jones consider in making a decision? Data table More info The major problem is that McCormick has overstocked the previous version of its spreadsheet package, Easyspread 1.0. Jones knows that once Easyspread 2.0 is introduced, McCormick will not be able to sell any more units of Easyspread 1.0. Rather than just throwing away the inventory of Easyspread 1.0, Jones is wondering if it might be better to continue to sell Easyspread 1.0 for the next three months and introduce Easyspread 2.0 on October 1, 2017, when the inventory of Easyspread 1.0 will be sold out. Development cost per unit for each product equals the total costs of developing the software product divided by the anticipated unit sales over the life of the product. Marketing and administrative costs are fixed costs in 2017, incurred to support all marketing and administrative activities of McCormick Software. Marketing and administrative costs are allocated to products on the basis of the budgeted revenues of each product. The preceding unit costs assume Easyspread 2.0 will be introduced on October 1,2017