jigsawlara
jigsawlara jigsawlara
  • 17-09-2021
  • Business
contestada

How do you calculate the profit on a product?:​

Respuesta :

yasminz1120
yasminz1120 yasminz1120
  • 17-09-2021

Answer:

The gross profit on a product is computed as follows:

Sales - Cost of Goods Sold = Gross Profit.

Gross Profit / Sales = Gross Profit Margin.

(Selling Price - Cost to Produce) / Cost to Produce = Markup Percentage.

Explanation:

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