Entrepreneurship 5-2 Slide

Calculate your own Cost of Goods sold for your products from Chapter 4.  

  1. List the items needed to make your product and identifying its cost per unit.
  2. Determine a selling price for your product and state why you chose that.
  3. What is your profit? (Sale Price - Cost of Goods Sold)  Will this allow you to be a profitable business? Why or why not?