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Imporant metric for Start-ups - Break Even Units Suppose we are a shoe brand and we want to calculate our units to be sold for break even (No profit No Loss) Fixed Cost - 4,00,000 Selling Price per Unit - 1200 Variable Cost per Unit - 800 Contributi

How to Calculate Product Cost, Set Profit & Selling Price - Using a Cost Sheet 🤔 Ever wondered how businesses actually price their products? It all starts with one simple but powerful tool: the Cost Sheet. 🚀🔥 Here’s how it helps: 1️⃣ Calculate

Elon Musk Has something called *Idiot Index* at spaceX! Its very simple thing. It calculates the ratio between Price Of Part and Cost of Raw Material used in that part. Like if a part cost $1000, and it takes raw material worth $100 to make it, the

Wth is CM1, CM2???? CM - Contribution Margin Contribution margin is the selling price per unit minus the variable cost per unit. CM1 = Contribution margin one= selling price- material costs - logistics costs. CM2= Contribution margin two= sellin

Ethenol product company startup. Mostly next generation not use petrol, diesel. But use to low cost fuel. Ex. Battery 🔋,ethenol #petrol High cost per litre -98/96 $ #desel High cost per litre - 91/ $ All most teaching per litre 100 rupees So many

Idea For You Implement Now So guys we all know that currently in the Earth everyone wants personal space for working , studing , meeting , gaming , researching , and other works but the main problem is that globally rent prices are too high and that

✨" Price On Value Not Cost " Elaborated🤌: Startups should price the product based on Value not cost. What this mean is, don't just price above the making cost instead you should price on Value. You can do this by doing surveys for PMF. In thi

Income Statements How EBITDA, PBT and PAT are Calculated? Next Post - how to calculate Product Cost/Cost of Goods and how to decide selling price?