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    Hhuda

    What All Items Come In The Calculation Of Gross Profit? Specify If The Items Are Deducted Or Added To GP?

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    Sanrashid

    Formula to calculate the gross profit is
    Sales - Cost of Goods Sold = Gross Profit

    Add everything when calculating the gross profit like
    1. Labor expenses
    2. Marketing expenses
    3. When you sell the good to different groups than convert mark-up on the cost to percent gross profit on sales.
    read more on this LINK
    Than apply the formula. The difference between the investment and the result will the the gross profit.

    Add all the items which are deducted or added in the gross profit!

    answered 3 months ago   

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    thanks sana...that helped :)

    comment made by Hhuda 3 months ago    Report

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