USA Cost of goods, margin, Income statement

[steeven berube]

Hi, I am reading a lot on the subject but books I read are very basic. They give example of cost of good and gross margin for very simple cie:

$2.00 Cupcake (unit price) - $1.50 (units COGS)
=$0,50 Unit Gross Margin

But what if my company is more complicated ? How would I calculate my Gross margin if for example:

I sell acces to a wave pool at different rate;

1 hour $20,00
2 hours $30.00
4 hours $60.00

further more, sometime the pool will contain 10 customers, sometime it will be full capacity at for example 100 customers.

I don't want you to explain everything in detail but maybe give me something to start with or Is there any reference book blog or any information I can get??

Thank you,

Steven

 

[jeff dulow]

Steven do you have a cost associated with this access to a wave pool? You are missing a cost of goods sold. Without it it is tough to help you with getting a gross margin. You can use a bunch of formulas in excel to get your outcomes based on usage.

Revenue
-COGS
Gross Margin

 

[steeven berube]

Steven do you have a cost associated with this access to a wave pool? You are missing a cost of goods sold. Without it it is tough to help you with getting a gross margin. You can use a bunch of formulas in excel to get your outcomes based on usage.

Revenue
-COGS
Gross Margin

Well Thank you I think i got it figured out

My question wasn't clear but it was 2 step.
1. How can I calculate my cost of good?
2. In order to calculate my gross margin ?

I guess every item ( 1 hour, 2 hour, 3 hour ) should be like a specific product ? and associate each of them with the amount of (electricity, water heating, etc) to figure out each COGS.

If I am right, My biggest margin product would be 1 hour.