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  2. Framing (construction) - Wikipedia

    en.wikipedia.org/wiki/Framing_(construction)

    Studs usually consist of 1 + 1 ⁄ 2-by-3 + 1 ⁄ 2-inch (38 mm × 89 mm) or 1 + 1 ⁄ 2-by-5 + 1 ⁄ 2-inch (38 mm × 140 mm) lumber and are commonly spaced at 16 inches (410 mm) on center. This spacing may be changed to 12 or 24 inches (300 or 610 mm) on center depending on the load and the limitations imposed by the type and thickness of the ...

  3. Lumber - Wikipedia

    en.wikipedia.org/wiki/Lumber

    For example, splitting a 10-foot-long (3.0 m) 2×4 (1 + 1 ⁄ 2 by 3 + 1 ⁄ 2 in or 38 by 89 mm) into two 1×4s (3 ⁄ 4 by 3 + 1 ⁄ 2 in or 19 by 89 mm) of the same length is considered re-sawing. Plastic lumber

  4. Cost estimate - Wikipedia

    en.wikipedia.org/wiki/Cost_estimate

    A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost estimate.

  5. Cost-plus pricing - Wikipedia

    en.wikipedia.org/wiki/Cost-plus_pricing

    Markup price = (unit cost * markup percentage) Markup price = $450 * 0.12 Markup price = $54 Sales Price = unit cost + markup price. Sales Price= $450 + $54 Sales Price = $504 Ultimately, the $54 markup price is the shop's margin of profit. Cost-plus pricing is common and there are many examples where the margin is transparent to buyers. [4]

  6. Open web steel joist - Wikipedia

    en.wikipedia.org/wiki/Open_web_steel_joist

    In structural engineering, the open web steel joist (OWSJ) is a lightweight steel truss consisting, in the standard form, of parallel chords and a triangulated web system, proportioned to span between bearing points. The main function of an OWSJ is to provide direct support for roof or floor deck and to transfer the load imposed on the deck to ...

  7. Threaded rod - Wikipedia

    en.wikipedia.org/wiki/Threaded_rod

    A threaded rod, also known as a stud, is a relatively long rod that is threaded on both ends; the thread may extend along the complete length of the rod. [1] They are designed to be used in tension. [2] Threaded rod in bar stock form is often called all-thread (ATR); other names include fully-threaded rod, redi-rod, continuously-threaded rod ...

  8. Contribution margin - Wikipedia

    en.wikipedia.org/wiki/Contribution_margin

    For example, if the price is $10 and the unit variable cost is $2, then the unit contribution margin is $8, and the contribution margin ratio is $8/$10 = 80%. Profit and Loss as Contribution minus Fixed Costs. Contribution margin can be thought of as the fraction of sales that contributes to the offset of fixed costs.

  9. Total absorption costing - Wikipedia

    en.wikipedia.org/wiki/Total_absorption_costing

    In this method cost is absorbed as a percent of the labour cost or the wages. (Overhead cost/Labour cost)x 100 If the Labour cost is 5000 and the overhead cost is 1000 then the absorption cost is 20%. If the labour cost of one job is 500 it will have to absorb 20% i.e. 100 as the overhead cost making the total cost to be 600.

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