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How Do You Work Out Cost Of Sale?

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Anonymous answered
Cost of Sale=(Sale Price £) - (all outgoing or incurred business expenses)

(Sale Price £50) - (all outgoings £20) = £30
This figure is also your profit.

To work out the added value
(Sales Price) - (All outgoings) / (Sales Price) = Added Value or Profit Margin

Be sure to visit www.explorethecity.co.uk in April 2010
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Anonymous answered
The cost of sale is any expense related to an item for sale

Labour cost + transportation cost + advertising cost + utility charges+ insurance+ taxes + wholesale cost

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