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| Name | How to find selling price with cost and profit margin only |
| Video Uploader | Video From Learn Accounting Finance |
| Upload Date | This Video Uploaded At 05-02-2019 11:57:47 |
| Video Discription | Course Alert: If you would like to learn in detail, how to calculate income statement variances and the impact they have on sales $, profit $ and profit margin % and ebitda %, and how to explain performance vs budget and prior periods, click on the link for a detailed video course (at a special price). You will also learn how to analyse and present the results of the variances to management and will be able to download solved variance calculation Excel templates. https://ebitda.thinkific.com/courses/learn Looking for more personalized help? Get in touch with me on one of these platforms: Instagram: https://www.instagram.com/learnaccountingfinance Facebook: https://www.facebook.com/profile.php?id=100063564513161 Tiktok: https://www.tiktok.com/@learnaccountingfinance Website: https://www.learnaccountingfinance.com Subscribe: http://www.youtube.com/c/LearnAccountingFinance?sub_confirmation=1 How to develop an Excel template to quickly and automatically calculate selling price when you only know the cost and margin%, but not the markup%. Some Recommendations: Are you a First Time or New Manager? Check this out: https://amzn.to/35qWzLc Learn pivot table data crunching business skills here: https://amzn.to/3lgYB5E Learn all about Excel in one place: https://amzn.to/3laCXQx Learn what financial numbers really mean here: https://amzn.to/2HPYDUI Accounting explained in 100 pages or Less: https://amzn.to/3rCProc Videos you may like: Watch Part 2 where discount and rebate are added to the calculation: https://youtu.be/18s-rYrea58 Learn sales and profitability analysis in detail here: https://youtu.be/CNx1Xu3DWVY Gross profit and gross profit margin explained: https://youtu.be/Px4pEhiTRdI How calculate selling price and profits on Etsy: https://youtu.be/WsrdSr_IIhM https://www.instagram.com/learnaccountingfinance https://www.learnaccountingfinance.com Subscribe: http://www.youtube.com/c/LearnAccountingFinance?sub_confirmation=1 Watch as I create a fully automated Selling price file in Excel that calculates selling price from cost and margin%. We learn how to calculate markup by converting provided target margin to markup using the conversion formula. You also learn how to convert markup to margin or margin to markup using an easy formula. We then apply the converted markup percentage to the cost and arrive at our target selling price. We then also add discount and sales commission factors in the calculation. All of the calculations are automated, so the user of the file only needs to change the input assumptions such as target margin %, discount % or sales commission %. By the time you have watched the video, you will be able to prepare fully automated excel files for calculation of selling price from variable input assumptions such as target margin %, discount % and commission. Do not forget to remember the markup to margin conversion formula, and margin to markup conversion formula. These formulas will help you to always be able to calculate selling prices and profit percentages whenever you need them. Hope you find the information in the video helpful. If you like to watch more videos in accounting, financial analysis and controller ship, videos that help you directly in doing your job, subscribe to my channel. If you liked the video, I would love if you could LIKE it and leave a comment. If you have any questions or feedback, again leave a comment. Lets stay connected at #learnaccountingfinance. [NDqPX5gnmlw] |
| Category | Education |
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