Overhead
Total Volume Based Markup Method
Total Volume Based Markup Method is the expression I use to describe a markup methodology that places a markup to archive a prescribed Gross Profit on the sum of all the Labor, Materials, SubContractor and Equipment costs. It is also sometimes called Margin Based...PROOF Type Markup
The colloquial expression used to describe a markup methodology taught by Irv Chassen and the management consulting company he founded known as PROOF that places the responsibility of recovering overhead costs solely on the labor or available production capacity a...Overhead
Costs incurred in the operation of a business which cannot be directly related to the individual products or services being produced. See Fixed Overhead and Variable OverheadGross Profit
Gross Profit equals Revenue minus Cost of Goods Sold. It identifies the amount available to cover other operating expenses. Also known as Gross MarginNet Profit
Net Profit is gross profit, less selling costs and administrative overhead. It’s the profit remaining in a business after all expenses have been taken out, but before taxation. Net Profit is a subset of a company’ Gross Profit See also Net profit – Wikipedia,...The Building & Remodeling Wiki Sponsors:
