Cost factor group examples

You can review the ways that you might set up cost factor groups for specific situations.

Cost factor group for product imported from international vendors

For this group, the following cost loading factors are specified:

Cost factor name Calculation method Application method Percentage Value Comment
Freight Percentage - 2.5% - Freight is calculated as percentage of base cost
Duty Amount Weight - 0.050000 Duty is calculated as 0.05 / pound of product
Brokerage Percentage - 1% - Brokerage is 1% of the product cost
Insurance Percentage - 0.75% - Insurance is calculated as% of base cost

Cost factor group for product sourced from domestic vendor

For this group, the following cost loading factors are specified:

Cost factor name Calculation method Application method Percentage Value Comment
Freight Percentage - 2% - Freight is calculated as percentage of base cost
Insurance Percentage - 0.0050 - Insurance is calculated as% of base cost

Cost factor group for product sourced from domestic vendor who include freight in their unit price

For this group, the following cost loading factors are specified:

Cost factor name Calculation method Application method Percentage Value Comment
Insurance Percentage - 0.0050 - Insurance is calculated as% of base cost

Kitted finished product cost

For this group, the following cost factors are specified:

Cost factor name Calculation method Application method Percentage Value Comment
Labor Percentage - 20%   20% of the base cost is added to arrive at the labor cost
Supplies Amount Quantity - 3.00 $3.00 is added to every finished kitted unit as the supplies cost

Unit cost calculation from replacement cost

For this group, the following cost loading factors are specified:

Cost loading factor name Calculation method Application method Percentage Value Comment
Handling Percentage - 5%   5% of the base cost is added to arrive at the derived cost