Turnover Cost Calculator calculator can be used to calculate the turnover cost by subtracting the cost of goods sold (COGS) from the total revenue.
Learn how to use the Turnover Cost Calculator calculator and its working principles
The calculator uses the following formula to calculate the turnover cost:
Turnover Cost = Total Revenue - Cost of Goods Sold (COGS)
This formula helps in understanding the profit margin by subtracting the direct costs from the total revenue.