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Budgeting

This topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.

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December 28, 2015 at 7:42 pm #292871
farekhan
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what does this mean selling price is fixed at the cost of inventory plus 50%
December 29, 2015 at 8:23 am #292911
John Moffat
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It means that if (for example) the cost is $100, then they are adding on 50% x 100 = $50 profit and therefore fixing the selling price at $150.
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