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Gross contract price refers to the total amount agreed upon in a contract before any deductions, such as taxes, discounts, or allowances. It encompasses all costs associated with delivering goods or services, including materials, labor, and overhead. This figure is important for both parties to understand the full financial commitment involved in the agreement.

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AnswerBot

1mo ago

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Related Questions

Calculate gross price to net price?

Gross price-expenses=net price


What gross purchase price mean?

gross purchase price


What does gross price and net price mean?

The gross price would be the price before deductions. The net price is after deductions.


What does gross price and net price?

The gross price is the basic price. Adjust for any discuont, add any relevant taxes and you get the net price.


How do I calculate net price to gross price?

The formula is Gross = Net * ( Tax rate / 100 + 1) You can also use this site to calculate Gross/Net Price. http://jumk.de/bank-formulas/gross-net.shtml


What is meaning of initial contract price of civil engineering project?

The Initial Contract Price is the Contract Price listed in the Procuring Entity's Letter of Acceptance.


What is a gross price?

$45.00


What is the formula for the gross profit when you know the selling price and the cost price?

The formula for gross profit is given by subtracting the cost price from the selling price. It can be expressed as: Gross Profit = Selling Price - Cost Price. This calculation helps determine the amount earned from selling a product after accounting for its cost.


Is the price of the phone and the price of contract exactly the same?

no it is more expensive to get a contract by alot


What is the gross margin percentage for a basketball if a store buys it for 2.50 and the retail price is marked 10.00 And the selling price is 7.50?

Gross Profit/Selling Price = Gross Margin (7.50 - 2.50)/7.50 = 66.6%


How do you calculate selling price if you know cost of sales and gross profit?

To calculate the selling price when you know the cost of sales and gross profit, you can use the formula: Selling Price = Cost of Sales + Gross Profit. Simply add the gross profit amount to the cost of sales. For example, if the cost of sales is $50 and the gross profit is $20, the selling price would be $70.


How do you calculate the selling price if you know the cost and gross profit percentage?

Cost = Selling Price - Gross Profit By using this formula or method easily we can get the selling price of the product