I am creating a fake business plan for language-translating airpods. Please help by putting these numbers into an excel budget, finding a good price for the product, find revenue based on that price and find the break even point. Any input helps. Please help! (these numbers are monthly except for research and development that is yearly) Lets say the demand is 500. Please also calculate the amount paid for taxation.

Product Development Expenses:

Research and Development expenses: $100,000

Design costs: $50,000

Patent filing fees: $10,000

Manufacturing Costs:

Raw materials: $80,000

Labor: $60,000

Overheads: $30,000

Marketing and Sales Expenses:

Advertising: $5000

Promotions: $10,000

Website development: $1000

Operating Expenses:

Rent: $12,000

Utilities: $5,000

Salaries: $60,000

Administrative costs: $10,000

Depreciation and Amortization

Manufacturing Equipment: $50,000 (useful life: 5 years)

Office Furniture: $10,000 (useful life: 3 years)

Patents: $20,000 (useful life: 10 years)

Taxation:

Corporate Income Tax Rate: 8.84%

Sales Tax Rate: 7.25%