Create a chart showing the costs of your product or service

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This week you will continue the work you started on your new product. This week you will identify and explain the break-even point.

1. Using a spreadsheet software program, create a chart showing the costs of your product or service and at least three different price points you might consider selling the product.

2. In a separate area on the spreadsheet, explain the chart and the price points.

3. Select your break-even point and explain why you selected that specific break-even point.

4. (Explanation should be a minimum of 500 words, spelling and grammar count. Use Times New Roman 12 point font, double spaced.

Note: even though you are writing within the spreadsheet use APA style.)

5. In your explanation, be sure to consider the cost of:

o raw materials

o labor

o fixed costs

o delivery

o advertising

You may need to be creative as you come up with pricing.

Reference no: EM131323282

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