the markup percentage on inventory items randomly changes. sometimes up sometimes down. any thoughts?
markup changes
Nov 14, 2006
1 Replies
Could be the result of making purchases.
If you have 1 item in inventory that cost $5.00 and you sell it for $10.00 the margin is then 50%. If you buy 6 more at $5.50 ea and are set up to use the weighted average cost update method, then your weighted average cost is $5.429 and your margin declines to 45.7%
-Eric
"tom" wrote:
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