how do i calculate order margin? Exactly $10 of direct costs were...

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Accounting

how do i calculate order margin? image
Exactly $10 of direct costs were also attributable to Professor Irons' order He paid Fantastic Frames a total of $55 (no sales tax applicable) for his frames. Did Fantastic Frames price his order well from their perspective? Why or why not? Using the reporting format we learned in class, you get the following: Sales $55 Less Overhead $37.99 Less Direct Costs $10 Order Margin \$7.01 Yes - the order is generating money (\$7.01) - maybe this is enough (or maybe not?) depending on your perspective

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