Double Check My Calculations Please

kevingeary

My Client Pays Me: $39.00 (for a print credit)
Cost of Package: $39.00
Print Cost of My Package: $7.95
Smug Cost (Markup): $4.6575
Total Cost to Me: $12.6075
Profit: $26.39

gluwater

Hi Kevin,

That is correct.

http://www.smugmug.com/photos/1252108273_dZ7Fn-X3.jpg

A Print Credit Coupon works the same way as a credit card when it comes to profit. You still get charged the 15%. So on a $39 package with a default cost of $7.95 you will keep $26.39 in profit and we will keep $4.66 in profit. The profit amount we show you in the Package creator is the total profit you will keep on that package.

kevingeary

gluwater wrote: »

Hi Kevin,

That is correct.

http://www.smugmug.com/photos/1252108273_dZ7Fn-X3.jpg

A Print Credit Coupon works the same way as a credit card when it comes to profit. You still get charged the 15%. So on a $39 package with a default cost of $7.95 you will keep $26.39 in profit and we will keep $4.66 in profit. The profit amount we show you in the Package creator is the total profit you will keep on that package.

I thought the cost it was telling me was just print cost. I didn't realize it included smugs 15%...So don't I keep more than what I projected since I calculated the 15% twice?