Cost of Goods Sold Overview: Study Sheet

This Smartacus Study Sheet will help you to understand how to find cost-of-goods-sold and the value of inventory. Explore definitions and methods (including Average Cost Method, LIFO, and FIFO). It also prints for easy reference. Continue reading

Calculating Value-Added Tax

Use this Formula Solver! Series program to learn how to calculate the value-added tax (VAT) from the purchase price and tax rate. It’s great for checking your homework answers, too! Continue reading

Calculating Value-Added Tax: Bottomless Worksheet

This Bottomless Worksheet offers limitless practice on calculating value-added tax from the purchase price and VAT tax rate. Ten new problems, a printed copy, and an answer sheet are all a button-click away. Continue reading

Markup from Price: Bottomless Worksheet

This Bottomless Worksheet is a way to get endless practice on finding selling price, cost, and markup rate. At the click of a button, it creates ten more problems for you to solve. A printed copy and answer sheet is also available. Continue reading

Cost Markup: Bottomless Worksheet

Get endless practice right here finding cost, selling price, and markup rate! At the click of a button, this Bottomless Worksheet generates ten more problems for you to solve. Plus, a printed copy or answer sheet is only a click away. Continue reading

Calculating Markdown: Bottomless Worksheet

Use this Bottomless Worksheet to get endless practice on calculating markdown with original price, sale price, and markdown rate. At the click of a button, it creates ten new problems for you to solve. A printed copy and answer sheet is also available. Continue reading

Calculating Markup from Cost

Calculating cost markup is a breeze with our popular Formula Solver! Series. Use your own numbers and solve for either cost, markup rate, or price. It’s great for checking your homework answers, too! Continue reading

Calculating Markdown

Use this Formula Solver! Series program to learn how to calculate price markdowns. Use your own numbers and solve for either original price, markdown rate, or sale price. It’s great for checking your homework answers, too! Continue reading

Fixed Costs

Fixed costs are defined as any cost or expense that does not vary with changes in the level of business activities like sales or production. Learn more about fixed cost in this tutorial. Continue reading