MADDE ITquotientRevised copy. Material costs below use today's prices; the old prices are kept on the original quote.
Margin means profit is 55% of the selling price. Selling price = cost $4.75 ÷ (1 − 55%) = $10.56. Profit $5.81 is 55% of $10.56 (122.3% of the cost).
| Material | Qty | Unit | Unit price | Cost |
|---|---|---|---|---|
| Plain tote bag | 1 | piece | $2.20 | $2.20 |
| Print ink | 0.3 | 100 ml | $3.50 | $1.05 |
| Materials total | $3.25 | |||
Margin means profit is 45% of the selling price. Selling price = cost $34.30 ÷ (1 − 45%) = $62.36. Profit $28.06 is 45% of $62.36 (81.8% of the cost).
| Material | Qty | Unit | Unit price | Cost |
|---|---|---|---|---|
| Artisan chocolate | 1 | box | $9.00 | $9.00 |
| Gift box | 1 | piece | $3.80 | $3.80 |
| Local honey | 2 | jar | $6.50 | $13.00 |
| Ribbon and filler | 1 | pack | $2.50 | $2.50 |
| Materials total | $28.30 | |||
Prices are frozen when you save. Changing the library later won't change this quote.