Unfortunately I am not getting the same unit profit that is listed below. If anyone could help with this calculation on how I may get the right answer
My calcs were 200 - (.3+.25+.2+.04+.01+.1)*200 for the US and similar for the vietnam but that gets me $20. I am thinking maybe i took into account the retail margin and/or the defect rate incorrectly
(edited)
Hello Alek,
I agree with you, proposed solution sounds weird. I think the only explanation can be that they want to know the profit per shoe and you are calculating the profit per pair of shoes (basically you have to consider only 100$ as revenues an half of the total).
Is it clear?
Hope it helps,
Luca
Hey Alek,
Could you provide us your numbers / calculations so we can see if there's anything you're doing wrong?
Hi Ian - My calcs were 200 - (.3+.25+.2+.04+.01+.1)*200 for the US and similar for the vietnam but that gets me $20. I am thinking maybe i took into account the retail margin and/or the defect rate incorrectly
Hello!
I don´t understand which one is your approach, could u 1st share and then we problem-solve with the community?
Cheers,
Clara
