Prime Cost = Raw Materials + Direct Labor. The prime cost of a single bed frame is ($6,500 + $750) / 10, or $72.50. In order to generate a profit, the company must sell each frame for more than $72.50.
Do the math. You probably know how to calculate the square footage of a simple room without any funny shapes. Just break out your measuring tapeâor a laser measureâto get its length and width. Multiply the width by the length and voila! You have the square footage. Say a room is 20 feet wide by 13 feet long, then 20 x 13 = 260 square feet. How to calculate square feet.
1 Square footage: To measure commercial square footage, multiply the length of the room in feet by its width. 2  For example, a room that is 12 feet (3.7 m) long by 12 feet (3.7 m) wide is 144 square feet (13.4 square m).3  12x12=144.4  Unusual shapes: Take care when measuring irregularly shaped sections of a room. If the length of the space with the diagonal wall was 10 feet (3.0 m) and its width was 8 feet (2.4 m), the square footage of the area would be 40 feet (3.7 square m). 2  That is because the wall cuts the total square footage, which would have been 80 if the room had no wall intersecting it, in half. 3  10x8=80 and 80/2=40.