briefly describe an idea for a new product, while thinking mainly about its cost analysis. depict what kinds…

briefly describe an idea for a new product, while thinking mainly about its cost analysis. depict what kinds of direct and indirect costs will be involved in its creation.

briefly describe an idea for a new product, while thinking mainly about its cost analysis. depict what kinds of direct and indirect costs will be involved in its creation.

Answer

Brief Explanations:

Let's consider a new - generation smartwatch. Direct costs would include raw materials like the screen, battery, and micro - chips, as well as direct labor for assembly. Indirect costs could be factory rent, utilities for the manufacturing facility, and the cost of research and development that cannot be directly attributed to a single unit.

Answer:

A new - generation smartwatch. Direct costs: raw materials (screen, battery, micro - chips), direct labor for assembly. Indirect costs: factory rent, utilities, R & D costs.