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 |