[mso] need simple help Excel Formula
- From: "Vicky" <vking@xxxxxxxxxx>
- To: <mso@xxxxxxxxxxxxx>
- Date: Tue, 12 Apr 2011 07:08:10 -0400
I am approaching being brain dead on this because so many people are telling me
different ways of doing a markup. I'm not an accountant (not even a
bookeeper but this task fell to me)
We experienced a pretty heavy raw material price increase. Our president
decided that we would only pass on what our increase % is. (no markup in the
raw material cost as we normally would do)
Old Price = $8.87 New Price= $13.38 Difference = $4.51
Percent = 4.51 / 8.87
Is this right? How am I supposed to do this.
Any help would really be appreciated.
Thanks,
Vicky
.
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