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Determining minimum sell price with fixed and % costs

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    Determining minimum sell price with fixed and % costs

    Here is an example of what im looking to do

    Cost - $1

    Fixed fees - $.91 each item

    Fixed fees - 13% of sell price

    Looking for a formula to calculate what my break even sell price would be. cost will be variable per item so in a different cell.
    Last edited by Pepe Le Mokko; 09-26-2019 at 11:10 AM. Reason: Removed unnecessary title part

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    Forum Moderator Glenn Kennedy's Avatar
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    Re: Looking for the following formula: Determining minimum sell price with fixed and % cos

    ??

    =B1*(1+B3)+B2

    B1 = cost
    B2 = fixed fee (entered as 0.13 and formatted as %)
    B3 = fixed fee/item
    Glenn




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    Re: Looking for the following formula: Determining minimum sell price with fixed and % cos

    As per the above message it will be:
    =SUM(0.13*SellingPrice)+$0.91

    The above would cover the fees of the product. However to determine what your sell price should be, You should enter a field looking at percentage throughput and use the 'Goal Seek' to determine the selling price at a given throughput percentage.

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    Forum Expert Pepe Le Mokko's Avatar
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    Re: Determining minimum sell price with fixed and % costs

    Please update your profile as necessary to properly reflect the exact version(s) of Excel your question relates to. Members tailor answers based on your Excel version. Your profile says Windows which is not an XL or Office version. Thanks

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    Forum Expert Pepe Le Mokko's Avatar
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    Re: Determining minimum sell price with fixed and % costs

    @elitech

    Second and last warning
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