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Selling Price Calculator
Calculate Your Selling Price with Our Selling Price Formula Calculator
Production Cost : | |
Gross Margin % : | |
Damage Cost/Unit : | |
Overall Cost : | |
Selling Price : | |
**Proposed Selling Price : |
Selling Price Formula used for this Calculator
- Production Cost = Direct Cost + Indirect Cost + Other Cost
- Targeted Margin = Margin Percent
- Cost of Damaged Units = (Damaged Percent / 100 * Total Units) * Production Cost / Total Units
- Overall Cost = Production Cost + Cost of Damaged Units + Marketing Cost
- Selling Price = Overall Cost * (Margin Percent / 100) + Overall Cost
- Proposed Selling Price = If derived Selling Price < Competitor Price then the result is “Competitor Price” else derived “Selling Price”
**In case “Proposed Selling Price” is higher than the competition, it is suggested to adjust “Gross Margin” to bring the Proposed Selling Price equal to competition or a little higher/lesser to remain competative.**When the “Proposed Selling Price” is equal to competition price, that means your Selling Price is calculated lower than competition, you have opportunity to earn extra margin.