Question

Lucky Cow Dairy provided the following expense information for​ May:Assemblyminus−line ​workers' wages​$72,000Caps for milk bottles​ 3,000Reconfiguring the assembly line​125,000Customer support hotline​10,000Delivery expenses​20,000Depreciation on factory equipment​75,000Plastic milk bottles​52,000Salaries of salespeople​63,000Salaries of research scientists​70,000Customer tollminus−free order line​6,000What is the total cost of research and development of the value​ chain?$70,000

Answer 1

$70,000

Step-by-step explanation:

Research and development: It is a process which involves innovation, improvement in the existing business process or the introduction of the new product so that the companies can earn maximum and achieve their sales targets and attain the market share also.

The total cost of the research and development of the value​ chain is $70,000 which contains the salaries of research scientists.

The other items which are mentioned in the question are irrelevant because they are related to the production and distribution cost.