Description
The Margin and Markup Calculator calculates the sales price of your item or service using either of the margin or markup methods.
The calculator uses the following primary inputs:
- Cost price;
- Margin or Markup percentage; and
- Base Overhead Factor.
The sales price using margin and markup are both calculated initially. This indicates the difference in the two calculation methods and the resulting sales prices. Multiple iterations of the calculation can be performed using either the margin or markup methodology to allow for multiple percentages to be added to the same calculation. Value Added Tax can be added if required.
The sales price or required profit can also be entered as inputs to, together with the cost price, calculate the margin or markup percentage.
The results of the calculation, shown as an audit trail, (in table format) can be emailed and future updates will support printing in iOS 4.2.
Should you have any queries, please email [email protected].