To calculate the average selling price of a product, divide the total revenue earned from the product or service and divide it by the number of products or services sold
To calculate a sales price using the traditional markup percentage method, first determine the cost of the product. You then add up a percentage of your profit or gain. The set price or list price is the price that the seller will determine after adding the desired profit.
Answers & Comments
Answer:
To calculate the average selling price of a product, divide the total revenue earned from the product or service and divide it by the number of products or services sold
Answer:
To calculate a sales price using the traditional markup percentage method, first determine the cost of the product. You then add up a percentage of your profit or gain. The set price or list price is the price that the seller will determine after adding the desired profit.