How to Calculate Direct Material Cost
How Calculate Direct Material Cost (Examples).
Steps to identify direct materials, inventorying them and inquiring about their costs, delivery times and payment conditions.
The term materials include…
cost of the equipment
Working Time Calculation
Working Time Calculation – Calculate man hours. Calculation of the labor required to execute a reinforced concrete base.
In this example, we are calculating the labor hours required to build a reinforced concrete foundation.
How to Make a Reliable Winning Bid?
How to write a Reliable Winning Bid
For a construction and assembly industry to be financially viable, it must achieve positive economic outcomes in the work or services it provides.
Tax for Construction Contractors
Tax for Construction Contractors.
In this publication, we summarize the type of taxes that will apply to tenders in the construction sector.
How Calculate the Financial Cost of the Offer
How to Calculate the Financial Cost of the Offer.
It comprises all disbursements in terms of monetary units of interest, commissions, and other expenses arising from taking loans from financial institutions.
How to Estimate Other Indirect Costs of the Project
How to estimate other indirect costs of the Project.
Analysis of the items to which the estimator assigns a defined cost.
How to Calculate Indirect Labor
How to Calculate Indirect Labor in Construction.
Labor not assigned to a specific task or process is called indirect labor.
How to Estimate Input and Consumption Materials
How to Estimate Input and Consumption Materials.
In this step, the estimator must determine the cost and quantity of input materials and consumables.
How to Calculate Equipment Cost per Hour
How to Calculate Equipment Cost per Hour.
The following diagram lists the items that make up the cost per hour of the equipment.
