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Avg. price increase
How do I figure out what price increases to take on my various
products when I want the average come out to 6%? One of the items is going to take a 12% increase. Example: Item A Units Sold YTD 1256 Current Price is $15.40 New Selling Price will be $17.25 Item B Units Sold YTD 987 Current Price is $9.89 New Selling Price will be ?? Item C Units Sold YTD 1500 Current Price is $12.76 New Selling Price will be ?? etc. My average price increase can not exceed 6%, but I need to take 12% on Item A. How do I figure out what increase I can take on Items B, C, etc.? Thanks. Chip |
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