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.
To find the number of square meters in 100 square feet requires using the following formula: feet squared divided by 10.764 square feet per square meter. The solution then is 100 square feet divided by 10.764 square feet per square meter equals 9.29 square meters. Both square feet and square meters are units used to measure area. Square feet is the unit used most often in the United States, while square meters is more commonly used internationally.