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What is average dollar margin?
Average dollar margin refers to the average profit earned per unit sold, calculated by subtracting the cost of goods sold (COGS) from the selling price. It provides insight into the profitability of a company's products or services. Businesses use this metric to assess pricing strategies and operational efficiency. A higher average dollar margin indicates better profitability for each sale.
If the cost price is eighty cent and the selling price is one euro twenty what is the profit?
1.2 Euros = 1.57308 U.S. dollars per Google 3/18 so $1.57-$.80=$.76 Profit = sale price-cost to make Profit is $0.76.
The price of something?
the answer is sale
How is loss different from expenditure?
Loss is the difference between sale and cost when cost is more than sale. i.e Loss = Cost - Sale Expenditure is the amount that is spent on any transaction.
What is the average price for a pair of Chanel shoes?
The average price of a pair of Chanel shoes will cost you about $500. Of course, if you catch them on sale you might be able to pay as little as $300. Chanel does have many that are higher priced also.
If your sale prize is 5.50dh ad cost is 3.25dh what is your profit margin?
If the sale price is $5.50dh and the ad cost is $3.25dh, the profit margin cannot be determined. The cost to produce whatever is being sold is still a factor in determining profit margin. Sales price less all costs equals the profit margin.
Does decreasing the sales price increase the contribution margin?
No. Contribution Margin (CM) is the difference between the Sale Price and the Cost Of Goods Sold (COGS). Cost of Goods Sold = Cost of parts, materials, labor to produce the item sold. [This is also called Direct Cost.] So, we can write a simple equation: Contribution Margin = Sale Price - COGS. If Sale Price goes down and COGS stays same, then Contribution Margin goes down. -- 25 August, 2008
What is difference between Mark up and Margin?
Margin = (Sale Price - Cost)/Sale Price So lets say you are a distributor and buy soap for 1 Dollar and sell it for 2 Dollar your margin will be (2-1)/2 so 0.5 or 50 Percent gross margin. Your mark up will be how much you raise the price, so in the example above 100% from 1 to 2.
Margin vs markup?
margin vs markup As every coin has two sides, likewise, margin and markup are two accounting terms which refers to the two ways of looking at business profit. When the profit is addressed as the percentage of sales, it is called profit margin. Conversely, when profit is addressed as a percentage of cost, it is called as markup. While markup is nothing but an amount by which the cost of the product is increased by the seller to cover the expenses and profit and arrive at its selling price. On the other hand, the margin is simply the percentage of selling price i.e. profit. It is the difference between the selling price and cost price of the product. The terms margin and markup are very commonly juxtaposed by many accounting students, however, they are not one and the same thing. Content: Markup Vs Margin Comparison Chart Definition Key Differences Conclusion
What is the formula for finding sale price in economics?
sale price=(regular price)(complement of markdown)
What is formula of sales price?
The sales price formula is Sale Price=(Normal Price)(Compliment of Markdown)
Why sale price and cost price are different?
Well technically cost price is the real price with no discounts and sale price is the cost price minus the discount (e.g. 20% offa $100 item would make the item cost $80)
Is finished goods valuation is done on sale price or on cost?
Finished goods valuation is done on the basis of cost price unless cost price not available then sale price can also be use.
Is contribution margin equals sale revenue minus all variable cost?
yes.
What is measured by profit margin?
Profit, is called the difference of amount between purchase price and sale price. Through the profit margin we come to know that how the business is running. Or, how successful (profitable) IS this business?
What is the sale price of a sweater that cost 53 dollars but is 30 percent off?
The sale price will be $37.10
What is the formula for Total Revenue and Total Cost?
Total revenue equals the sale price of products multiplued by the total amount of units sold
