Morgan Walton - Cost of Sale - Financial Analysis, Geeky, Nerdy, Articulate
Description
Vocal Characteristics
Language
EnglishVoice Age
Young Adult (18-35)Accents
North American (General) North American (US General American - GenAM) North American (US West Coast - California, Portland)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
Let's do the same for a bottle. Remember, we charge a guest $30 per bottle of K J and R Purchase price for it is $9.29. To calculate the margin. Subtract $9.29 from 30 which equals $20.71 brought to the bottom line. So let's compare $6.78 margin for a six ounce glass and $20.71 for a bottle. Not too shabby, huh? So even though your wine cost is higher when you sell a bottle of wine, your margin is greater, which equals more money to the bottom line. Another great benefit to selling wine by the bottle is that you have zero waste, which means you don't have to worry about shelf life potential over pouring and possibly losing some of the ounces that you might have with selling individual glasses.