The cost of overhead minus the selling price is loss.
Markup
you minus it
define cost and selling price
cost price = selling price - profit
The cost of overhead minus the selling price is loss.
The cost of overhead minus the selling price is a loss. The selling price is typically large enough to include materials and profit.
Loss
gross profit
Markup
you minus it
The cost of a 3M overhead projector can vary in price depending on the model and selling. The cheapest models go for about $200 while the more expensive models cost about $600.
For each unit sold, a rough approximation isProfit = Selling price minus Cost of production.It is an approximation because it does not take account of taxes, inventories and so on.
define cost and selling price
cost price multiply by profit then add the answer to the cost price =selling price
cost price multiply by profit then add the answer to the cost price =selling price
cost price = selling price - profit