answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What is 40 percent gross margin on 368.00?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How do you calculate sales using COGS and gross margin?

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).


What is the sale if gross margin mark-up is 40 of cost?

Could be anything, 40 is gross profit after costs of goods sold is deducted.


Is 40 percent gross income same with 40 percent net income?

No.


How do you mark up 40 percent margin on 1.99?

Multiply it by 1.4


Why a business may not ahieve its targeted gross margin?

Cost of goods sold may have been higher than expected or sales prices may have been lower than expected. Remember the Gross margin is sales less cost of goods sold. Say $100-$50=$50 gross margin (50%). If they only sell for $90 instead of $100 the margin would be $90-$50=$40. Or if costs were higher you might have ended up with $100-$60=$40. Either one would reduce the gross margin.


What should your labor percentage be to your gross sales?

40 percent


What is the average machinery sales commission I am a nonwovens machinery producer and I have reps in different countries that want to have contracts that are commission based.?

The commission can be based on a straight percentage of sales or on a percentage of the gross sales margin, according to RepHunter. For most commonly manufactured products, a manufacturer's agent's commission ranges between 7 and 15 percent, as of 2010, RepHunter reported. A commission based on a percentage of the gross sales margin is calculated by subtracting the direct expenses from sales. The standard range for a commission based on a percentage of the gross sales margin is between 20 and 40 percent. Service-based products command higher commissions, upwards of 50 percent of the gross sales margin, according to RepHunter. Krish http://www.easy-commission.com ( The Fast, Accurate and Time Saving Calculator of Sales Commissions )


What is the definition of gross margin per full-time equivalent employee?

Gross Margin per full-time equivalent employee is measured as Gross Margin/number of full time equivalent employees. Gross Margin is revenue minus cost of goods sold. A full time equivalent employee is typically number of hours worked per week/40. If you have 2 part time employees who work 20 hours each per week, then you'd have 1 full time equivalent employee.


What is greater 40 percent or 25 percent?

40 percent.


What is greater 40 percent or 15 percent?

40 percent !


What is 29 percent of 40 percent?

29 percent of 40 percent = 0.29 x 40 percent = 11.6 percent


What is the percent 74 percent of 40?

74 percent of 40 is 29.6