Johnson and Gomez, Incorporated, is a small firm involved in the production and sale of electronic business products. The company is well known for its attention to quality and innovation.

During the past $15$ months, a new product has been under development that allows users improved access to e$-$mail and video images. Johnson and Gomez code named the product the Wireless Wizard and has been quietly designing two models: Basic and Enhanced. Development costs have amounted to $$205,500$ and $$286,500,$ respectively. The total market demand for each model is expected to be $56,000$ units, and management anticipates being able to obtain the following market Shhares: Basic, $20$ percent; Enhanced, $15$ percent. Forecasted data follow.

$\backslash$table$[[,$Basic,Enhanced$],[$Projected selling price,$$425\mathrm{.}00,$$$525\mathrm{.}00$