Excel & Business Math 41: Markup On Cost or Markup On Sell Price? Calculate & How They Are Different

Download Start Excel File: https://people.highline.edu/mgirvin/AllClasses/135NoTextBook/Content/06BuyingSelling/ExcelBusinessMathVideo41Markup.xlsx Download pdf Notes: https://people.highline.edu/mgirvin/AllClasses/135NoTextBook/Content/06BuyingSelling/ExcelBusinessMathVideo41Markup.pdf Entire Class Web Site: https://people.highline.edu/mgirvin/AllClasses/135NoTextBook/135/135NoTextBookClass.htm In this video learn the difference between Markup on Cost and Markup on Sell Price. Excel & Business Math Class (Busn 135) taught by Michael Girvin at Highline College / Mike Girvin at excelisfun Channel at YouTube Channel. Topics in Video: 1. (00:01) Introduction 2. (00:52) When Thinking About Markup, There Are Two Sides: Cost Side & Sell Price Side 3. (03:01) Both the Cost Side (Manufacturers & Distributors) & Sell Price Side (Retail Stores) Calculate the $ Markup the Same 4. (05:33) Learn Formulas For “% Markup”. Cost Side (Manufacturers & Distributors) uses Cost As Denominator and Sell Price Side (Retail Stores) uses Sell Price As Denominator 5. (12:27) Meaning of “% Markup On Cost” and “% Markup On Sell Price” 6. (13:25) Solve Markup on Cost Problem 7. (16:45) Solve Markup on Sell Price Problem 8. (19:25) Solve Both Markup on Cost & Markup on Sell Price Problems 9. (23:15) Summary Next Video: 42 Excel & Business Math