Your neighbor is a contractor and he wants you to sell him and his workers lemonade for $1.00 per glass. You determined that it cost .90$ to make one glass of lemonade. If you want ot make a 20% gross margin what new target cost will be required?

Sales $100,00 Ending Inventory 6,000 Beg, inventory $8,000 Cost of goods sold 60,000 With the above info, what was the gross margin and what was the total amount of merchandise that was purchased for the year? Any help would be wonderful.

How do I calculate how much gross margin for each moth? Sales : Jan-12000; Feb-8,000; Mar-13,000; Apr-11,000; May-9,000; June-13,500 Collection: Jan-11,000; Feb-10,000; Mar-11,500; Apr-10,500; May-10,500 June-9,500 Cost of Goods sold is always 65 percent of sales. Thank u.