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Hmm... Well, if you were wanting to see what your total cost for something is, you would A: Have to add any costs from your budget for the item and B: Find your gross price. For example- I buy a coffee pot from Wal-mart. it is priced $10.00, it cost me $3.00 in gas to drive to Wal-mart and back, and my time is worth at least $5.00 an hour,(it took me a total of 1 hour to drive there, park, go in, find coffee-pot, check-out and drive home) so, now my coffee-pot has a total cost of 10+3+5=$18.00. Does that help?
The reverse of that would be gross profit versus net profit: A company makes $100.00 for a cleaning service. that is their:Gross profit. They then deduct cleaning supplies ($5.00) from that gross profit, now they are at $95.00, then they deduct wages for worker ($25.00) from that gross profit, now they are at $70.00. So their NET profit from that cleaning service is now $70.00.
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How do you calculate marginal revenue cost by math and graphically and marginal in general?
Profit=Total revenue - Total cost
What does sales tax mean in math?
something that increases the amount of the total cost of the item by the government
How do you find out what percent the cost of shipping was from the cost of what you bought?
cost of shipping = X total cost 100 the you cross multiply: 100 x (the cost of shipping) is equal to X x (the total cost) 100(the cost of shipping) = X(the total cost) whatever you find x to be is the percent example: cost of shipping is 7 dollars. the total cost of what you bought is 50 dollars. 100(7) = X(50) 700 = 50X 14 = X the percent of shipping from the total cost is 14% hope I helped!
How do you find equilibrium price when given output and total cost?
The equilibrium price is the unit cost, which is the same as the total cost divided by the number of units produced (output).
How do I do less commission?
You find the value of the commission and subtract it from the total cost.
