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This product profitability worksheet was created to help you determine if your business is generating a profit or loss. When you complete this worksheet you will be able to determine all of your material cost, labor cost, and other cost to help you price your products and/or service correctly. You will gain clarity into your product pricing to ensure maximum profitability. Save time researching costs to quickly determine markups and retail prices. This worksheet includes this following:
- Understanding pricing profitability in your business. Understanding how to calculate your material, labor, and other cost.
- A product pricing worksheet in excel. This worksheet includes an instruction guide, examples, and all the formulas you need to determine your product prices and profit margins.
- Written by the CEO of Rhinestones in a Box that has over 10 years of accounting and auditing experience.
