Cost Estimation and Pricing Strategy at Subaru

Requirements:

1. Develop a cost estimation model for Subaru's new line of electric vehicles (EVs).

Subaru Model	Direct Materials Cost ($)	Direct Labor Cost ($)	Overhead Cost ($)
Impreza EV	30,000	8,000	16,000
Forester EV	35,000	9,000	18,000

• Estimate the total manufacturing cost for Subaru's Forester EV, including direct materials, direct labor, and overhead costs.
• Calculate Subaru's markup percentage on cost to achieve a target selling price and profit margin for the Forester EV.
• Recommend pricing strategies based on cost estimation to maximize profitability and market competitiveness for Subaru's EV lineup.