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Please help with both requirements Mark Willis, the general manager of McCormick Software, The product can be shipped starting July 1, 2017. must decide when
Please help with both requirements
Mark Willis, the general manager of McCormick Software, The product can be shipped starting July 1, 2017. must decide when to release the new version of (Click the icon to view the relevant McCormick's spreadsheet package, Easyspread 2.0. Development of Easyspread 2.0 is complete; however, costs information.) the diskettes, compact discs, and user manuals have not The following information is available: yet been produced. (Click to view the information.) Read the requirements. Requirement 1. On the basis of financial considerations alone, should Willis 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. Begin by determining whether each item is relevant or irrelevant for this decision. (Make a selection for each item.) More info The major problem is that McCormick has overstocked the previous version of its spreadsheet package, Easyspread 1.0. Willis 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, Willis 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. Data table Requirements 1. On the basis of financial considerations alone, should Willis 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 Mark Willis consider in making a decision
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