Video showing 3 methods to calculate sales price:
Method 1. Prices set by the market, this means that you will have to control very well the unit costs and the general expenses to avoid a negative profitability. This is usually the current situation, the market rules so you have to adjust to your needs.
Method 2. Calculation of sales prices on a percentage of the cost.
Method 3. In this method we do apply the percentage of margin that we want to obtain. The formula used is completely different from the one used to add a percentage to the cost. That is, if we apply a margin or profit of 50%, this will be the calculated margin, there is no mystery regarding the application of this method.
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