Unit and Shipping Costs

Question 1

What type of products can be unit priced

Answer 1

Products that have components that are modular in construction and have set parts CAN be unit priced.

Question 2

If all of the associated costs are rolled into the price per unit, you can very easily estimate a job simply by __________ the number of each ____________of unit required and multiplying this by the unit cost factor to arrive at an accurate quote.

Answer 2

Counting.

Type.

Question 3

How is material cost information gathered

Answer 3

By keeping track of all material including waste.

Question 4

What costs are worked into Unit costs

Answer 4

Profit, Labour, Building overhead, Insurance, Debt servicing, Depreciation and Maintenance have to be worked into the cost.

Question 5

What does a shipping company calculate when it asses shipping costs based on the space used up

Answer 5

Volume

Question 6

What method can a cabinetmaking company use to reduce shipping costs

Answer 6

Knock-down Cabinets

Question 7

Costs associated with a company owning its own delivery vehicle?

Answer 7

Lease or ownership payments, Asset depreciation, Maintenance, Fuel, Insurance, Storage and Driver wages

Question 8

Freight carriers will provide a cost for shipping depending on 2 factors?

Answer 8

Volume and Weight

Question 9

Drawback to knockdown cabinets?

Answer 9

An assembly crew will be needed on site to assemble the cabinets away from the shop

Question 10

Typical height and width of semi trailers

Answer 10

102” x 13’ 6”