Industry package
Import & Export
Trade & Customs · Freight & Container · WMS & Supply · Trace & Cold Chain · Finance · Sales & CRM
- 20 full users
- 2 sites
- 30 modules
Free tool
Minimum Selling Price
Calculate the lowest selling price that covers unit cost, overhead, payment-term financing and sales commission. No sign-up needed; results update as you type.
See the system that does this automaticallyOpen the live demoMinimum Selling Price: worked example
Example values: Unit landed cost 5.2 USD, Unit overhead 0.4 USD, Due 60 days, Annual financing cost 30 %, Sales commission 3 %. With these values the results are:
| Payment-term financing cost | 0.28 USD |
|---|---|
| Minimum selling price | 6.06 USD |
How to use: Minimum Selling Price
- Enter your own values: Unit landed cost, Unit overhead, Due, Annual financing cost, Sales commission.
- Choose the currency; money inputs are converted at an approximate rate.
- Results are calculated as you type: Payment-term financing cost, Minimum selling price.
- Check every step of the calculation in the formulas below.
How is it calculated?
- Payment-term financing cost = ([Unit landed cost] + [Unit overhead]) × [Annual financing cost] ÷ 100 × [Due] ÷ 365
- Minimum selling price = ([Unit landed cost] + [Unit overhead] + [Payment-term financing cost]) ÷ (1 − [Sales commission] ÷ 100)
Duty rates vary by country, origin and trade agreements. Verify current rates in the official customs tariff or with your customs broker; the tool calculates with the rates you enter.
Other tools running on Money and FX Engine
Handles source and target currency, exchange rate, rounding and margin with one rule set; when the currency changes, all money inputs are converted at the rate.
FCRSOFT
FCRSOFT does this for you automatically
You don’t need to do the calculations and checks on this page by hand every day. FCRSOFT derives them all automatically from the records entered in the field.
- CIF, duties and landed cost are calculated automatically in every trade file.
- Customs value and cost split are set up automatically according to the Incoterm.
- Unit cost and minimum selling price are recorded in every file.
Frequently asked questions
How is Minimum Selling Price calculated?
Calculate the lowest selling price that covers unit cost, overhead, payment-term financing and sales commission. The calculation uses Money and FX Engine: Handles source and target currency, exchange rate, rounding and margin with one rule set; when the currency changes, all money inputs are converted at the rate.
Worked example: Minimum Selling Price
Example values: Unit landed cost 5.2 USD, Unit overhead 0.4 USD, Due 60 days, Annual financing cost 30 %, Sales commission 3 %. Payment-term financing cost: 0.28 USD; Minimum selling price: 6.06 USD.
Is Minimum Selling Price free?
Yes. The tool is free, needs no sign-up and runs in your browser; the data you enter is not stored.
Can FCRSOFT do this calculation automatically?
FCRSOFT stores exchange rates, keeps each file with its own rate date and reports in the currency you choose. You can try the Import & Export package in the live demo without installing anything.
Which currency can I calculate in?
Choose one of 28 currencies in the currency selector; monetary inputs are converted at an approximate rate. To use your own rate, enter the amounts directly.
FCRSOFT solutions
All inclusive
Enterprise Site — all products
Farm · Hatchery · Feed ERP · Processing · WMS & Supply · Sales & CRM · Finance · Maintenance · Trace & Cold Chain · B2B Commerce · Fleet & Vessel · Voyage & Chartering · Trade & Customs · Freight & Container
- 30 full users
- 1 sites
- 69 modules
