What is Product Gross Margin?

What is Product Gross Margin?

The Gross Margin is:

  • (Product Price - Standard Cost) ÷ Product Price = Gross Margin %
    Example: Daily Shampoo Product Price is $20.00, the Standard Cost is $10.00
  • ($20.00 - $10.00) / $20.00 = 50% Gross Margin

Note: Gross Margin cannot exceed 100%

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