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.
How many square feet in 1 square meter? The answer is 10.7639104, because 1 meter is 3.28084 feet and since square is a 2 dimensional shape with all sides equal in length, to calculate how many square feet in a meter, multiply both sides of the area in foot length 3.28084 * 3.28084 = 10.76391. 1 Square Meter = 10.7639104 Square Feet. Square meter (metre in british spelling) is an area unit in metric system and commonly used in measuring the small lands, floor plans etc. The abbreviations are m2 or sq m. Square foot is an imperial, US customary area unit.