MADDE ITquotient| Material | Quantity | Unit price | Cost | |
|---|---|---|---|---|
| $11.00 / piece | $11.00 | |||
| $3.50 / 100 ml | $3.50 |
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 $19.30 ÷ (1 − 50%) = $38.60. Profit $19.30 is 50% of $38.60 (100% of the cost).
The price follows the cost: if a material price changes, the selling price moves to keep this profit.