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. Estimate the products Research and Development (R&D) and Design costs for stainless steel or biodegradable packaging and (as you will be undertaking the R&D,
. Estimate the products Research and Development (R&D) and Design costs for stainless steel or biodegradable packaging and (as you will be undertaking the R&D, building a prototype, testing the product. You should assign yourself an hourly wage rate based on market research and keep a record of the activities and how many hours it took you to design your product. This will determine your R&D and Design costs). Provide detailed explanations about your R&D processes/steps and how the selected product is manufactured.
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