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We are planning to launch a product(thin-film solar cells ) in the market. What should be...

We are planning to launch a product(thin-film solar cells ) in the market. What should be our projections for the cost of the product in the next 5 years? Please include estimates ( and assumptions ) if any for the cost of the product. Please Mention the possible costs for our product like the overheads cost etc. Thanks in advance if you guys can help. Our product will be sold in market for 20000$. So make costs assumption in such a way that we can earn profit . cost estimates should be less than 20000

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Answer #1

ESTIMATED COST SHEET

S.No Particulars Year -1 Year -2 Year -3 Year -4 Year -5
Amount in $
1 Direct Mtaerial 8000 8500 8000 7500 7300
2 Direct Labour 3000 3500 3800 4000 4000
3 Variable Overheads 1000 500 700 500 500
4 Selling & Distribution Overhaeds 2000 1000 500 300 200
5 Fixed Overheads 3000 3000 3000 3500 3000
Total Cost 17000 16500 16000 15800 15000
Profit 3000 3500 4000 4200 5000
Selling Price 20000 20000 20000 20000 20000
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