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-   -   What is the process in computing selling price? (https://www.askmehelpdesk.com/showthread.php?t=382809)

  • Aug 2, 2009, 08:27 PM
    dimpsy
    What is the process in computing selling price?
    What is the process in computing selling price?
  • Aug 2, 2009, 08:29 PM
    dimpsy

    What is the process in computing selling price?
  • Aug 2, 2009, 09:20 PM
    morgaine300

    The process could get very complicated.

    I'm going to assume that your textbook has some specific, probably over-simplifed, method that they expect you to follow. Which also means someone outside of your textbook isn't going to know what that is. Unless of course we can see example problems -- and even then books can over-simplify or make things more complicated. That's just a very broad topic.

    The basic concept is making sure your costs are covered and that you have a profit. And that can be simple if you're working out of your home doing a service with only a computer and some supplies and a phone, but very, very complicated if you're doing manufacturing, especially of several lines of products.

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