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Average Cost per Unit
Definition: The average cost amount for a product or an aggregated level of products Note: This only includes products that have costs Equation: Total Costs / Total Units Example: Average Cost per Unit gives the retailer the opportunity to see if costs for a product or a group of products is getting too high…
How Is Product Price Calculated?
Product pricing is the price the customer pays at the dispensary. The price reported will always be reflective of the net price. This means after discounts were applied but before tax. Because discounts are included here, the average item price you see may be below what the list price of the product actually is, depe…
