MADDE ITquotient| Material | Quantity | Unit price | Cost | |
|---|---|---|---|---|
| $72.00 / sheet | $36.00 | |||
| $6.00 / metre | $18.00 | |||
| $15.00 / piece | $15.00 | |||
| $4.50 / metre | $2.25 |
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 50% of the selling price. Selling price = cost $106.25 ÷ (1 − 50%) = $212.50. Profit $106.25 is 50% of $212.50 (100% of the cost).
The price follows the cost: if a material price changes, the selling price moves to keep this profit.