Tic Tac Toe Board Game-Profit Analysis

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Tic Tac Toe Board Game

Item Amount
Production Time 14 minutes 67 seconds
Material Cost $8.50
Wear and Tear $0.75
Electrical Cost $0.29
Total Cost $9.54
Selling Price $60.00
Markup Total 529%
Profit Total $50.46

Summary:

  • The total production cost of the tic-tac-toe game board is $9.54.
  • The selling price is $60.00.
  • This results in a profit of $50.46.
  • The tic-tac-toe game board achieves a markup of 529%, indicating a high profitability margin.

**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.