How is the final sell price calculated in LTRAC ?
The final client project cost or sell price is the total amount paid to subcontract vendors plus a gross margin (GM) percentage applied by the Project Manager for each project. For example, if the total amount paid to subcontract vendors is $100 and the project gross margin percentage is 50% then the final client project cost is $200. The gross margin percentage will vary from project to project and includes language service company costs for project management, file preparation, QA, overhead and profit.
