| | Possible ValuesStandard Cost The calculation of the gross profit percentage is based on the
standard cost:
Gross Profit(%) = ((Sales Amount - Standard Cost of Items) ÷ Standard Cost of Items) * 100
Sales Price The calculation of the gross profit percentage is based on the
sales price:
Gross Profit(%) = ((Sales Amount - Standard Cost of Items) ÷ Sales Amount) * 100
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