Lumber and Panel Calculations

Your total cost is calculated by multiplying the price per board foot by the total board feet required. Our price / quantity calculator — also called unit price calculator — lets you compare products of various different quantities and prices. Imagine that you’re in a shop and you want to work out which product has the best deal (that is, it is sold with the lowest margin), but are not sure how, then this tool is for you. But to accurately calculate cost per unit, it’s important to understand what is considered fixed costs versus variable costs.

Why do lumber prices fluctuate so much?

For over 80 years, we have provided high-quality paper and board and we don’t plan to stop! We are always “On the Case” to help customers find what they need, so we made these paper and price calculators to make planning your process easier. A board foot is a unit of measurement for lumber volume used primarily in North America. The calculator will how to calculate price per piece display the price per piece in dollars, helping you determine the value of the set you’re considering. The quantity of bricks per Lego set can differ significantly between various products. That’s why you can’t simply compare the selling price of two sets to find out which one gives a better deal.

Tax Calculators

They help in making informed choices among products that might appear similar but differ significantly in value. Get ShipBob WMS to reduce mis-picks, save time, and improve productivity. Each storage unit is prorated on a monthly basis, so if, for example, you only had inventory in a storage location for half of the month, you will be charged 50% of the cost. Instead of having to handle all SKU management and logistics on your own, you can outsource it to ShipBob and save time, energy, and money.

• All MBF calculations are based upon the “Nominal Size” of the lumber and not the “Actual Size”.
• Sets with lower prices per piece generally offer better value, while those with higher prices per piece may be overpriced or include specialized, rare, or licensed elements that increase the cost.
• For a simple example, let’s say we have a 1” x 12” piece of pine 10’ long.
• These represent the amount of board feet in each lineal foot of lumber sizes listed below and can be used as multipliers.
• Seasoned lumber people know that a 2”x 8” has a multiplier of 1.33 when figuring out how many board feet are in a given length.

Total Price

• You can use the price per unit formula to determine which size offers a better value for money.
• Depending on the various factors that affect the cost per unit, there are different ways of reducing fixed and variable costs in your ecommerce operations.
• These costs can range from warehousing to labor costs, to depreciation and opportunity costs.
• Lego games can help children improve their hands-on skills and are also a great opportunity for parents to interact with their children.
• Examples of fixed costs include rent, salaries, and overhead.

Click the “Calculate” button to reveal the price per piece. Enter the total price of the LEGO set (in dollars) in the designated field. Don’t forget to share out this Lego price calculator for the benefit of others.

One-fourth of online customers return 5-15% of what they purchase, and the Cash Flow Management for Small Businesses retail industry loses about $50 billion in the form of deadstock per year. Additionally, a lower cost per unit can also identify gaps in internal efficiencies. In terms of salaries, rent, and other overhead, their monthly fixed cost of production is $5,000.

You can also find the cost for CARES Act filling up the car by 5 gallons. All consumers’ associations recommend you compare the price per pound before you buy. You omnichannel fulfillment partner that’s an extension of your brand, from unboxings to 2-day shipping.

Loan Calculators

Partnering with ShipBob is one of the best ways for ecommerce businesses to reduce costs by taking advantage of an international fulfillment presence and storing inventory closer to your customers. Thanks to greater volume discounts, or economies of scale (as your unit volumes increase), the average unit cost also reduces. While the cost per unit refers to how much you spend to deliver one unit, the price per unit refers to how much you charge customers for each item sold. The Lumber Price Calculator helps you quickly estimate the total cost of lumber based on wood dimensions and price per board foot.