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I'm I right by stating! % of cost = cost of sale divided by sales = %

I want to use this in matrix.

I want to make sure the selling price that we are going to charge (based on volume) is the right cost of sale %

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12y ago
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9y ago

To get the percentage of gross sales, you put your variable over the figure for gross sales. For instance, if cost of goods is what you are calculating, you put the COG over the gross sales figure and then divide.

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Q: How do you calculate percent of gross sales?
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How do you calculate gross profit margin using cogs and sales?

Gross Profit = Sales - Cost of goods sold Gross profit margin = gross profit / Sales


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u cannot calculate without sales or revenue. STUPID


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Gross Profit/Net Sales = Gross Profit Margin.


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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 should your labor percentage be to your gross sales?

40 percent


Andy company has a gross of 35500 and sales returns of 450 The cost of goods sold is 35 percent of gross sales Gross profit percentsage would be 65 percent 35 percent Based on 35050 Based on 35950?

Question is not clear and some mistakes in figures: Gross profit based on Sales of 35050 is as follows 35050* 65% = 22782.5 Gross profit based on Sales of 35950 is as follows: 35950*65% = 23367.5


Does gross sales include tips?

Gross sales does not include tips, only money directly from sales. However, total gross receipts does include tips, usually figured to be about 8 percent or the total.


If the cost of goods sold is 180 000 and the gross profit is 25 percent What would be the sales amount if sales less cost of goods sold equals to gross profit percent?

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How do you calculate net sales when gross margin is known?

Gross margin (also known as gross profit) is the difference between Net sales and Cost of goods sold: Net sales - Cost of goods sold = Gross margin Therefore, if you know Gross margin, add it to Cost of goods sold to get Net sales.