MADDE ITquotientMADDE ITquotientRevised copy. Material costs below use today's prices; the old prices are kept on the original quote.
Margin means profit is 45% of the selling price. Selling price = cost $337.00 ÷ (1 − 45%) = $612.73. Profit $275.73 is 45% of $612.73 (81.8% of the cost).
| Material | Qty | Unit | Unit price | Cost |
|---|---|---|---|---|
| Acrylic sheet | 2 | sheet | $72.00 | $144.00 |
| Hardware kit | 1 | set | $18.00 | $18.00 |
| LED strip | 6 | metre | $6.00 | $36.00 |
| Power supply | 1 | piece | $15.00 | $15.00 |
| Vinyl film | 2 | metre | $4.50 | $9.00 |
| Materials total | $222.00 | |||
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).
| Material | Qty | Unit | Unit price | Cost |
|---|---|---|---|---|
| Acrylic sheet | 0.5 | sheet | $72.00 | $36.00 |
| LED strip | 3 | metre | $6.00 | $18.00 |
| Power supply | 1 | piece | $15.00 | $15.00 |
| Vinyl film | 0.5 | metre | $4.50 | $2.25 |
| Materials total | $71.25 | |||
Prices are frozen when you save. Changing the library later won't change this quote.