Dragon Piggy Bank-Profit Analysis
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Dragon Piggy Bank
| Item | Cost/Value |
|---|---|
| Material Cost | $13.12 |
| Wear and Tear Cost | $1.81 |
| Electricity Cost | $0.38 |
| Total Production Cost | $15.31 |
| Selling Price | $60.00 |
| Markup | 292.02% |
| Profit | $44.69 |
Summary
- Total Production Cost: $15.31
- Selling Price: $60.00
- Markup Total: 292.02%
- Profit Total: $44.69
- The Dragon Bank’s production cost of $15.31 yields a high markup and profit margin.
- This pricing model offers strong profitability, making the Dragon Bank a valuable item for continued production and sales.
**Disclaimer:** All profit analyses provided in this document are based on calculations made in Canadian currency (CAD). It is important to highlight that the costs of materials and supplies can fluctuate significantly depending on various factors, including geographic location, market conditions, and supplier pricing. Therefore, readers are encouraged to consider their specific circumstances and local economic factors when evaluating these profit analyses.