In this assignment, you will complete another key section of your marketing plan: Write a 1 page recommendation for the pricing strategy necessary to successfully market your health care product or service. Be sure to include an estimate of the costs associated with the product or service, and the profits that are expected with the recommended pricing. You will need to make some "educated estimates" to complete this assignment please follow a format like this to demonstrate that your recommended pricing will result in profits: New Product Per Unit 20,000 units (1st year sales forecast) Suggested retail price $100.00 $2,000,000 Cost to retailer ** $50.00 $1,000,000 Retailer margin $50.00 $1,000,000 Cost of Goods Sold Components/raw materials $10.00 $200,000 Labor $10.00 $200,000 Overhead $5.00 $100,000 Marketing costs $7.00 $140,000 Manufacturer profit $18.00 $360,000 ** "Cost to retailer" is the same as Manufacturer's sales revenue