The cost of overhead minus the selling price is loss.
you minus it
The cost of overhead minus the selling price is supposed to be profit. Unfortunately, there are other charges that might eat away at this profit, like advertising, shipping, and display.
define cost and 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.
gross profit
you minus it
Loss
The cost of overhead minus the selling price is supposed to be profit. Unfortunately, there are other charges that might eat away at this profit, like advertising, shipping, and display.
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
Profit
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