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Profit and Mark-up

1. It is the money used to create a product or a project.


- Direct Costs/ Job Costs

2. How to get the profit or profit margin?


- Total sales minus the overhead and job costs.

3. How to get the mark-up?


- Total sales minus the job costs.

4. Type of profit which is needed to be met in order to keep the


company running.
- Planned Profit Margin

5. Is the money allocated to things such as electricity, internet,


and bill of a company/firm.
- Overhead

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