MADDE ITquotientMADDE ITquotient| Material | Quantity | Unit price | Cost | |
|---|---|---|---|---|
| $68.00 / sheet | $136.00 | |||
| $18.00 / set | $18.00 | |||
| $85.00 / sheet | $127.50 | |||
| $9.50 / board ft | $209.00 | |||
| $24.00 / yard | $192.00 |
Cost to build is worked out from these. To change it, change the materials or quantities (or the price in the library).
Margin means profit is 35% of the selling price. Selling price = cost $932.50 ÷ (1 − 35%) = $1,434.62. Profit $502.12 is 35% of $1,434.62 (53.8% of the cost).
The price follows the cost: if a material price changes, the selling price moves to keep this profit.