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.
In a typical square space, the length is simply multiplied with the width to get the total square footage of the area. If for example a home measures 200 feet in length and 100 feet in width, the square foot would result to 20,000.This is done by simple multiplication, 200 ft. x 100 ft. = 20,000 square feet.By having this measurement, one can have the exact house area measurement which could come in handy when doing renovations, retiling, buying area rugs or carpets, and/or selling the house.his is done by simple multiplication, 200 ft. x 100 ft. = 20,000 square feet. By having this measurement, one can have the exact house area measurement which could come in handy when doing renovations, retiling, buying area rugs or carpets, and/or selling the house.