Enter the cost of goods sold ($) and the markup ($) into the Retail Cost Calculator. The calculator will evaluate and display the Retail Cost.

- All Cost Calculators
- All Price Calculators
- Retail Margin Calculator
- Menu Cost Calculator
- Borrowing Cost Calculator

## Retail Price Formula

The following formula is used to calculate the Retail Cost.

RP = COGS + M

- Where RC is the Retail Price ($)
- COGS is the cost of goods sold ($)
- M is the markup ($)

To calculate the retail price, simply add the cost of goods sold together with the markup amount.

## How to Calculate Retail Price?

The following example problems outline how to calculate Retail Cost.

Example Problem #1:

- First, determine the cost of goods sold ($). The cost of goods sold ($) is given as 55.
- Next, determine the markup ($). The markup ($) is provided as 75.
- Finally, calculate the Retail Cost using the equation above:

RC = COGS + M

The values given above are inserted into the equation below:

RC = 55 + 75 = 140 ($)

Example Problem #2:** **

The variables needed for this problem are provided below:

cost of goods sold ($) = 83

markup ($) = 12

Entering these values and solving gives:

RC = COGS + M = 95 ($)