Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1   Report Post  
Posted to microsoft.public.excel.worksheet.functions
external usenet poster
 
Posts: 3
Default Markup/Cost formula help...

Ok, I think this is the most ridiculous scenario. I am working on a project that deals with low dollar product that will be selling at a fixed price. The application requires that the markup be the same for all items in a given category, so I am going to have to manipulate the cost to get it to do what I need. I have no problem figuring out the markup to use for the first product, but can't get my head around how I then calculate what the cost needs to be if I need to sell another item in the same category (therfore using the same markup levels) for a different price.

Here's an example (different price levels are for higher quantity purchases of the same item).

Product Cost: $1.75

Price Level 1: $8 (Markup 357%)
Price Level 2: $6 (Markup 243%)
Price Level 3: $4 (Markup 129%)
Price Level 4: $3.25 (Markup 86%)

EggHeadCafe - Software Developer Portal of Choice
Automated Registry Backups with VSS Shadow Copy Service
http://www.eggheadcafe.com/tutorials...ry-backup.aspx
  #2   Report Post  
Posted to microsoft.public.excel.worksheet.functions
external usenet poster
 
Posts: 2,389
Default Markup/Cost formula help...

Price = Cost * (1+ Markup)
Price / (1 + Markup) = Cost

Regards,
Fred

"Angela" wrote in message ...
Ok, I think this is the most ridiculous scenario. I am working on a
project that deals with low dollar product that will be selling at a fixed
price. The application requires that the markup be the same for all items
in a given category, so I am going to have to manipulate the cost to get
it to do what I need. I have no problem figuring out the markup to use
for the first product, but can't get my head around how I then calculate
what the cost needs to be if I need to sell another item in the same
category (therfore using the same markup levels) for a different price.

Here's an example (different price levels are for higher quantity
purchases of the same item).

Product Cost: $1.75

Price Level 1: $8 (Markup 357%)
Price Level 2: $6 (Markup 243%)
Price Level 3: $4 (Markup 129%)
Price Level 4: $3.25 (Markup 86%)

EggHeadCafe - Software Developer Portal of Choice
Automated Registry Backups with VSS Shadow Copy Service
http://www.eggheadcafe.com/tutorials...ry-backup.aspx


Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Sales markup plus fee Mike Banner[_2_] New Users to Excel 7 July 25th 08 12:25 AM
Formula for markup won't change when the initial value is changed. Steve in Eugene Excel Worksheet Functions 3 November 10th 05 06:41 PM
Current Cost versus Original Cost A Boe New Users to Excel 2 August 19th 05 02:19 AM
Confusion on adding percentage of cost to that cost. [email protected] Excel Worksheet Functions 12 July 13th 05 11:45 PM
Margin/markup formula for Excel Wardo New Users to Excel 3 January 3rd 05 06:01 PM


All times are GMT +1. The time now is 08:15 PM.

Powered by vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright ©2004-2024 ExcelBanter.
The comments are property of their posters.
 

About Us

"It's about Microsoft Excel"