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 %
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.
Gross Profit = Sales - Cost of goods sold Gross profit margin = gross profit / Sales
u cannot calculate without sales or revenue. STUPID
Gross Profit/Net Sales = Gross Profit Margin.
Gross profit calculation Gross profit = Revenue - Cost of sales
29,913 6% of 2500 is 150
gross margin ratio is calculated as >GROSS PROFIT/NET SALES
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).
40 percent
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
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.
25 % on sales means 1/4 th of sales n gross profit on cost will be 1/3 .
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.