I'm I right by stating! % of cost = cost of sale divided by sales = %
I want to use this in matrix.
I want to make sure the selling price that we are going to charge (based on volume) is the right cost of sale %
Gross Profit = Sales - Cost of goods sold Gross profit margin = gross profit / Sales
Gross profit calculation Gross profit = Revenue - Cost of sales
u cannot calculate without sales or revenue. STUPID
Gross Profit/Net Sales = Gross Profit Margin.
29,913 6% of 2500 is 150
gross margin ratio is calculated as >GROSS PROFIT/NET SALES
Yes. COGS is the difference between Sales and Gross Margin. If your gross margin is 40%, then your COGS is 60% (100% - 40%). So, if your Sales are 1,000 and you have a 40% Gross Margin, your COGS = 600 (1,000 x 60%) or (1,000 - 400).
40 percent
Question is not clear and some mistakes in figures: Gross profit based on Sales of 35050 is as follows 35050* 65% = 22782.5 Gross profit based on Sales of 35950 is as follows: 35950*65% = 23367.5
Gross sales does not include tips, only money directly from sales. However, total gross receipts does include tips, usually figured to be about 8 percent or the total.
25 % on sales means 1/4 th of sales n gross profit on cost will be 1/3 .
Gross margin (also known as gross profit) is the difference between Net sales and Cost of goods sold: Net sales - Cost of goods sold = Gross margin Therefore, if you know Gross margin, add it to Cost of goods sold to get Net sales.