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caf
caf Member, ALL USERS, GroupMember Posts: 3 Occasional Contributor

Unsure why the answer to this check your work question is incorrect?

Completing this work and my Gross Margin % comes out at 62.6%.

Apparently this is incorrect and it states that the Time Summary is not set to Same as Main Summary.

However it is and when looking at the value of the Gross Margin % for the quarter of 62.7%, 62.6% and 62.5% I would say that 62.6% is was correct. Any suggestions?

 

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  • Thijs.Spruijt
    Thijs.Spruijt Member, ALL USERS, Partner, Certified Model Builder Posts: 1 New Contributor

    Hi Not sure if this answer your question. I remember that I could not find the correct answer.If you use average the outcome is not correct. To calculate the correct price per Q or Y you should use RATIO and the devide the Revenue by the units.

     

     

  • sooraj_kesavan
    sooraj_kesavan Member, ALL USERS, Community Member Posts: 4 Occasional Contributor
    Hi, Could you provide a screenshot of the blueprint for the same, also please check by changing the summary setting to Formula.