Princess Piggy Bank-Profit Analysis

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Princess Piggy Bank

Item Cost/Value
Material Cost $13.49
Wear and Tear Cost $0.95
Electricity Cost $0.26
Total Production Cost $14.69
Selling Price $55.00
Markup 274.30%
Profit $40.31

Summary

  • Total Production Cost: $14.69
  • Selling Price: $55.00
  • Markup Total: 274.30%
  • Profit Total: $40.31
  • The Princess Piggy Bank has a production cost of $14.69, achieving a strong profit margin.
  • This pricing model indicates high profitability, making it a viable option 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.