Selling Price Solution

STEP 0: Pre-Calculation Summary
Formula Used
Selling Price = (Fixed Cost+Variable Cost per Unit*Volume of Output)/Volume of Output
SP = (FC+V*Vo)/Vo
This formula uses 4 Variables
Variables Used
Selling Price - The Selling Price indicates the price associated with the selling products.
Fixed Cost - Fixed Cost are the cost that does not change with an increase or decrease in the number of goods or services produced or sold.
Variable Cost per Unit - Variable cost per unit is corporate expenses that vary in direct proportion to the quantity of output.
Volume of Output - Volume of Output measures the total amount your company can produce over time.
STEP 1: Convert Input(s) to Base Unit
Fixed Cost: 2000 --> No Conversion Required
Variable Cost per Unit: 80 --> No Conversion Required
Volume of Output: 50 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
SP = (FC+V*Vo)/Vo --> (2000+80*50)/50
Evaluating ... ...
SP = 120
STEP 3: Convert Result to Output's Unit
120 --> No Conversion Required
FINAL ANSWER
120 <-- Selling Price
(Calculation completed in 00.004 seconds)

Credits

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Created by Chandana P Dev
NSS College of Engineering (NSSCE), Palakkad
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Coorg Institute of Technology (CIT), Coorg
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Selling Price Formula

​LaTeX ​Go
Selling Price = (Fixed Cost+Variable Cost per Unit*Volume of Output)/Volume of Output
SP = (FC+V*Vo)/Vo

What are the two categories of Construction Economic Problems?

Economic studies are concerned with the difference in economic results from alternative courses of action. In general, we can classify construction economic problems into the following two types.
1 Primary economic comparison: It implies all the factors influencing the decision are already present. The effects of time are usually irrelevant. It can be further subdivided into two types:
i. Present Economic Studies
ii. Break-even analysis
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What is the Cost & type of Profits?

Cost is typically the expense incurred for making a product or service that is sold by a company. Price is the amount a customer is willing to pay for a product or service. The cost of producing a product has a direct impact on both the price of the product and the profit earned from its sale.
Businesses use three types of profit to examine different areas of their companies. They are gross profit, operating profit, and net profit.
Gross Profit: Gross profit subtracts the cost of goods sold (COGS) from total sales.
Operating Profit: Operating profit includes both variable and fixed costs.
Net Profit: Net profit includes all costs. It's the most accurate representation of how much money the business is making.

How to Calculate Selling Price?

Selling Price calculator uses Selling Price = (Fixed Cost+Variable Cost per Unit*Volume of Output)/Volume of Output to calculate the Selling Price, The Selling Price formula is defined as the amount a buyer pays for a product or service. It can also be known as market price, list price, or standard price. Selling Price is denoted by SP symbol.

How to calculate Selling Price using this online calculator? To use this online calculator for Selling Price, enter Fixed Cost (FC), Variable Cost per Unit (V) & Volume of Output (Vo) and hit the calculate button. Here is how the Selling Price calculation can be explained with given input values -> 120 = (2000+80*50)/50.

FAQ

What is Selling Price?
The Selling Price formula is defined as the amount a buyer pays for a product or service. It can also be known as market price, list price, or standard price and is represented as SP = (FC+V*Vo)/Vo or Selling Price = (Fixed Cost+Variable Cost per Unit*Volume of Output)/Volume of Output. Fixed Cost are the cost that does not change with an increase or decrease in the number of goods or services produced or sold, Variable cost per unit is corporate expenses that vary in direct proportion to the quantity of output & Volume of Output measures the total amount your company can produce over time.
How to calculate Selling Price?
The Selling Price formula is defined as the amount a buyer pays for a product or service. It can also be known as market price, list price, or standard price is calculated using Selling Price = (Fixed Cost+Variable Cost per Unit*Volume of Output)/Volume of Output. To calculate Selling Price, you need Fixed Cost (FC), Variable Cost per Unit (V) & Volume of Output (Vo). With our tool, you need to enter the respective value for Fixed Cost, Variable Cost per Unit & Volume of Output and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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