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Price

FIXED COST (2933 pesos per watch)


Led screen (300 pesos per watch)
₱ 9,749.75 retail price for 30.5818181818 watches
Might get 9000 pesos if buy more

Approx. 300 pesos per watch


https://www.makerlab-electronics.com/product/11-6inch-hdmi-lcd-h-with-case-1920x1080-ips/

li-ion batteries (25 pesos per watch)


₱ 25 wholesale price
500 mah Quite good for watches

Stainless steel (108 pesos per watch)


10 watches for 1085 pesos wholesale price

108.5 pesos per watch

Microchip (around 2500 pesos)

VARIABLE COST (2626 pesos per watch


Since we expect to make 25000 per month

And we will have 55 workers approx.

And based on minimum wage we pay 74886,34 pesos but technically we might have experts, head of
factory, lab stuff which requires more

Multiply 70 then it’s 4118748 pesos but I think our average workers have 3x the wage so around 15.7
mil pesos per month for wages

Divide 25000 then around 629

Next is electricity
Around 72 MW

So price per kwh is 0.28 usd then since 72 mw so we need 20160 dollars

Which is 1041838,56 pesos divide by 25000 41.6 pesos


Import duty 499.9 pesos
Vat 919.9 pesos
Using dhl 35.85 pesos per watch

TOTAL COST 5059 pesos


So make around 30% profit
7365 is our selling price’
Distributor will sell around 8000

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