Mark Up
= Cost plus athe Mark up value expressed as a percentage.
Formula = percentage based. If the cost is 10 and you enter a markup of 100% the material sell will be $20.00.
Formula for calculating what the Mark Up is if you only have the sell price and the cost price.
PROFIT MARGIN % -
shows the gross profit of the materials. Formula = material sell value minus Material cost divided by material sell value x 10. In the samples case the gross profit would be 50%
20 – 10 = 10 / 20 x 10 = 50
OVERALL PROFIT MARGIN % - Overall Profit Margin Made. this is the gross profit of the overall sale value.
Formula – Sale minus cost divided by sale x 10 | 25 – 10 = 15 / 25 x 10 = 60%
MATERIALS PROFIT MARGIN % - The gross profit margin you make for the materials before process charges.
Formula = material sell value minus Material cost divided by material sell value x 10. In the samples case the gross profit would be 50%
20 – 10 = 10 / 20 x 10 = 50%