11/27/2023 0 Comments Change shopify pricing by a precentage![]() This means that the remaining $2.48 per drumstick needs to be added to the maple and oak drumsticks. Tania wants her hickory drumsticks to be the cheapest to be competitive. Tania is expecting 50 sales, which means she needs to sell her drumsticks at an average of $9.48 to reach her goal of $474. To learn more, refer to Accounting for transaction and credit card fees Breakdown of profitsīecause Tania wants to make $200 this month, and expects a total cost of $274 for the month, she needs to make $474 this month to achieve her goals. ![]() Some businesses might want to include transaction and credit card fees in their prices, which is an advanced calculation. This gives her a total of $190 in variable costs.Ĭombined with $84 in fixed costs, she expects to have a total cost of $274. 5 pairs of oak drumsticks at $4.50 per pair - $22.50.20 pairs of maple drumsticks at $4.00 per pair - $80.00.25 pairs of hickory drumsticks at $3.50 per pair - $87.50. ![]() She has the following expected variable costs for the month: Of her 50 orders, Tania expects that 25 will be pairs of hickory drumsticks, 20 will be maple, and 5 will be oak. Her total fixed costs each month are $84.Įach time she makes a sale, there is another cost that varies based on the product ordered. She has the following fixed costs for the month: She also incurs costs each time she makes a sale. Tania has costs each month regardless of her sales.
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