Cost depends upon what customer wants...material and design plays and important role in deciding the cost of an item.In short for a rough idea chepeast shoe starts from 1200 which is way more durable than Brikenstock's 21,000 slipper
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Dipesh Pimpale
Data Analytics | 𝐀�... • 1y
Imporant metric for Start-ups - Break Even Units
Suppose we are a shoe brand and we want to calculate our units to be sold for break even (No profit No Loss)
Fixed Cost - 4,00,000
Selling Price per Unit - 1200
Variable Cost per Unit - 800
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