Calculate Margin By

Calculate Margin By

• Average Cost. Use the item's total actual cost, divided by the number of units on hand.

• Most Recent Cost. Use the cost of the most recently acquired units of the item (from the Location Details form) to calculate the margin.

• Standard Cost. Use the item's standard cost (from the Location Details form) to calculate the margin.

• Markup Cost. Use the markup cost entered for the item in the Item Pricing form to calculate the margin.

• Alternate Costing Methods. Use the costs you entered in the optional Alternate Amount 1 and Alternate Amount 2 fields, if you use them, in the Location Details form.