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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
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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 |
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