KEVOS® WORKOS · Quoting
Quote Margin Check
Does this quote actually make commercial sense?
Checks a quoted price against its cost build-up and your target gross margin, and gives the price needed to hit the target.
Open the calculatorRuns in your browser. No account needed.
How this tool works
Inputs, units and where to find them
| Input | Unit | Typical source |
|---|---|---|
| Quoted selling price | $ | Quoted selling price excluding GST |
| Material | $ | Material cost from the estimate |
| Labour | $ | Labour cost from the estimate |
| Overhead / other | $ | Overhead and other costs allocated to the job |
| Target gross margin | % | Target gross margin from your pricing policy |
Method and formulas
- Cost = material + labour + overhead
- Gross margin = (price − cost) ÷ price
- Price for target = cost ÷ (1 − target margin)
Limitations
- Only as complete as the cost entered
- Does not price commercial risk
Typical uses
- Reviewing a quote before it goes out
- Deciding whether to accept a customer’s counter-offer
Who it is for
- Estimators and sales staff
- Managers approving quotes
What you get
- TARGET MET, BELOW TARGET or LOSS
- Margin against target
- Price needed for the target
Interpreting the result
- A quote below target can still be accepted deliberately, but record why
WORKOS tools are screening and decision-support utilities. Verify important financial, engineering, safety, legal or operational decisions using appropriate professional standards and your organisation’s approved data.
