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Build items with clean cost, MSRP, and margin math.

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Target Margin

%

Total Cost

$23.70

Projected Profit

$38.30

Actual Margin

61.8%

Product Type

Hat Style

Graphic Type

Blank Cost

Graphic Cost

Labor

Overhead

Actual MSRP

Suggested MSRP

$27.99

Unit Cost

$8.25

Profit

$19.75

Margin

70.5%

Product Type

Hat Style

Graphic Type

Blank Cost

Graphic Cost

Labor

Overhead

Actual MSRP

Suggested MSRP

$51.99

Unit Cost

$15.45

Profit

$18.55

Margin

54.6%

Formula used for actual margin:

Actual Margin = (Actual MSRP - Unit Cost) / Actual MSRP

In your spreadsheet terms: Unit Cost = K5, Actual MSRP = R5, so the formula is =(R5-K5)/R5.