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Manufacturing, Inc., plans to develop a new hand-held industrial-powered vacuum for household. The product will take 12 months to design and test. The company expects
Manufacturing, Inc., plans to develop a new hand-held industrial-powered vacuum for household. The product will take 12 months to design and test. The company expects the vacuum to sell 5,000 units during the first six months of sales; 20,000 units per year over the following two years; and 5,000 units over the final 6 months of the product's life cycle. The company expects the following costs:
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