Hippopotamus Piggy Bank-Profit Analysis
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Hippopotamus Piggy Bank
| Item | Cost/Value |
|---|---|
| Material Cost | $12.49 |
| Wear and Tear Cost | $0.43 |
| Electricity Cost | $0.12 |
| Total Production Cost | $13.04 |
| Selling Price | $55.00 |
| Markup | 321.87% |
| Profit | $41.96 |
Summary
- Total Production Cost: $13.04
- Selling Price: $55.00
- Markup Total: 321.87%
- Profit Total: $41.96
- The Hippopotamus Bank’s production cost of $13.04 results in a high markup and profit margin.
- This pricing model offers strong profitability, suggesting the Hippopotamus Bank is a cost-effective product for production and sale.
**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.