申論題

Problem 1 [20%]
 Maple Life Company, headquartered in Montreal, is starting a new business venture in electronic products. Maple Leaf is in the process of evaluating its electronic product lines.
Classical light is one of the new electronic product lines. The classical light product line incurred $1,875,000 in development costs and is expected to be produced over the next 5 years. Each year, classical light is planned for 40 times of new design and, thereafter, will be put into production. Each new design requires a marketing cost $1,500. Current sales are expected to be 6,250 units of each light design. Based on the current pricing decision, classical light in the first year of product life-cycle will report an operating loss $46,500. Sales units equal production units each year.
Classical light requires direct costs of producing the designs average $1.25 per light. Indirect manufacturing costs are estimated at $125,000 per year. Customer service expenses average $0.25 per Tight.
Required:

(1) What is the total estimated life-cycle operating income for classical light? (10 points)