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A cost index is the ratio of the actual price in a time period compared to that in a selected base period (a defined point in time or the average price in a certain year), multiplied by 100. Raw materials, products and energy prices, labor and construction costs change at different rates, and plant construction cost indexes are actually a ...
This is a list of building materials. Many types of building materials are used in the construction industry to create buildings and structures . These categories of materials and products are used by architects and construction project managers to specify the materials and methods used for building projects .
Lumber’s price drop has been particularly dramatic in just the last 90 days in the futures market, with contract prices for July falling 28% to $466 per thousand board feet (futures prices are ...
Stumpage is the price a private firm pays for the right to harvest timber from a given land base. It is paid to the current owner of the land. Historically, the price was determined on a basis of the number of trees harvested, or "per stump". Currently it is dictated by more standard measurements such as cubic metres, board feet, or tons. To ...
These costs are treated as an expense in the period the business recognizes income from sale of the goods. [5] Determining costs requires keeping records of goods or materials purchased and any discounts on such purchase. In addition, if the goods are modified, [6] the business must determine the costs incurred in modifying the goods. Such ...
In the narrow sense of the terms, wood, forest, forestry and timber/lumber industry appear to point to different sectors, in the industrialized, internationalized world, there is a tendency toward huge integrated businesses that cover the complete spectrum from silviculture and forestry in private primary or secondary forests or plantations via the logging process up to wood processing and ...
Most composite deck board manufacturers produce lengths of 12, 16, or 20 feet (3.7, 4.9, or 6.1 m), 5 + 1 ⁄ 2 by 3 ⁄ 4 inch (140 mm × 19 mm). Manufacturers of capped composite boards will often leave one side uncapped to prevent the material from expanding and mushrooming out of the corners of the boards.
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