Less than 3 cents a gallon.
Gasoline is selling for about 40 cents per gallon in Iran.
no the cost of gasoline is not a chemical propety of gasoline. That is constantly changing.
Only if it cost you nothing in the first place. Profit is selling price less cost.
The first thing which needs to be done in cost accounting is to Calculate the selling price.
The luxurious gasoline-fueled Haynes-Apperson car of 1903 was sold in USA for $1,500
The first thing which needs to be done in cost accounting is to Calculate the selling price.
To calculate cost from markup on selling price, you first need to understand the relationship between cost, markup, and selling price. The formula for selling price (SP) with markup is SP = Cost + Markup. If you know the markup percentage, you can express it as a fraction of the selling price: Markup = SP × Markup Percentage. Rearranging the formula gives you Cost = SP - (SP × Markup Percentage), allowing you to calculate the cost based on the selling price and the markup percentage.
The first thing which needs to be done in cost accounting is to Calculate the selling price.
Because the price of gasoline changes quite often and is not a fixed cost.
Intensive because the price of gasoline is not going to change no matter how much you get.
define cost and selling price
david bought 15 gallons of gasoline. his total cost was $13.60. how much was the gasoline per gallon?