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    MIE Solutions Blog

Job Estimating Software MIE QuoteIt Has New Features

By Dave Ferguson
December 24, 2012
, By Dave Ferguson
December 24, 2012
, By Dave Ferguson
December 24, 2012
, By Dave Ferguson
December 24, 2012
, By Dave Ferguson
December 24, 2012
, By Dave Ferguson
December 24, 2012
, By Dave Ferguson
December 24, 2012
, By Dave Ferguson
December 24, 2012
, By Dave Ferguson
December 24, 2012
, By Dave Ferguson
December 24, 2012
, By Dave Ferguson
December 24, 2012
, By Dave Ferguson
December 24, 2012

Quoting and estimating software can be found in many products.  One of the industries that have the most estimating software packages is construction where you see a plethora of options available.  Job shop estimating software is also common but it...
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Job Cost Markup Rate

By Dave Ferguson
June 28, 2012
, By Dave Ferguson
June 28, 2012
, By Dave Ferguson
June 28, 2012
, By Dave Ferguson
June 28, 2012
, By Dave Ferguson
June 28, 2012
, By Dave Ferguson
June 28, 2012
, By Dave Ferguson
June 28, 2012
, By Dave Ferguson
June 28, 2012
, By Dave Ferguson
June 28, 2012
, By Dave Ferguson
June 28, 2012

In my previous posts I have been discussing at length different types of costs including direct and indirect costs, direct and indirect material costs, direct and indirect labor costs and lastly burden.  The next point is Markup Rate which is the...
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Engineer To Order Material Costs

By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011

Now that we have been investigating many of the details of material costs in quotations, we will now take a look at the mathematical calculations required.
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Material In Cost Estimates Weight Calculation

By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011

Material costs in job estimates can come in a variety of ways.   When you are estimating the cost to manufacture a product and the product is made out of either plate material, sheets, tubing, etc there are a few calculation methods that may be...
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Material Weight

By Dave Ferguson
March 22, 2011
, By Dave Ferguson
March 22, 2011
, By Dave Ferguson
March 22, 2011
, By Dave Ferguson
March 22, 2011
, By Dave Ferguson
March 22, 2011
, By Dave Ferguson
March 22, 2011
, By Dave Ferguson
March 22, 2011
, By Dave Ferguson
March 22, 2011
, By Dave Ferguson
March 22, 2011
, By Dave Ferguson
March 22, 2011
, By Dave Ferguson
March 22, 2011
, By Dave Ferguson
March 22, 2011
, By Dave Ferguson
March 22, 2011
, By Dave Ferguson
March 22, 2011
, By Dave Ferguson
March 22, 2011
, By Dave Ferguson
March 22, 2011

Material Weight In order to estimate the cost of material it is essential that you know the weight of different material gauges and types of material.   Below you will find a list of some common weights dealing with the metal industry and metal...
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Material Cost Calculation

By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011

Material cost calculation potentially involves a lot of information.  In my previous blog I mentioned many of the data points involved in the material cost calculation including Parts Size, Blank Size, Stock Size, Safety Stock Size, and others.  One...
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Direct Labor Costs

By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011

Direct labor costs are those costs which are performed during the production of some product.  The product can be any type of item from a machined part, computer and vehicle.  Labor is required to change a raw material into a product that may be...
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Indirect Material Costs

By Dave Ferguson
February 19, 2011
, By Dave Ferguson
February 19, 2011
, By Dave Ferguson
February 19, 2011
, By Dave Ferguson
February 19, 2011
, By Dave Ferguson
February 19, 2011
, By Dave Ferguson
February 19, 2011
, By Dave Ferguson
February 19, 2011
, By Dave Ferguson
February 19, 2011
, By Dave Ferguson
February 19, 2011
, By Dave Ferguson
February 19, 2011
, By Dave Ferguson
February 19, 2011
, By Dave Ferguson
February 19, 2011
, By Dave Ferguson
February 19, 2011
, By Dave Ferguson
February 19, 2011
, By Dave Ferguson
February 19, 2011
, By Dave Ferguson
February 19, 2011
, By Dave Ferguson
February 19, 2011
, By Dave Ferguson
February 19, 2011

Indirect material costs are those that are not directly added into the product. There are many times where materials are required to manufacture a part but are not put directly into the product.  Examples of this may include oils, lubricants for...
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Material Cost

By Dave Ferguson
February 16, 2011
, By Dave Ferguson
February 16, 2011
, By Dave Ferguson
February 16, 2011
, By Dave Ferguson
February 16, 2011
, By Dave Ferguson
February 16, 2011
, By Dave Ferguson
February 16, 2011
, By Dave Ferguson
February 16, 2011
, By Dave Ferguson
February 16, 2011
, By Dave Ferguson
February 16, 2011
, By Dave Ferguson
February 16, 2011
, By Dave Ferguson
February 16, 2011
, By Dave Ferguson
February 16, 2011
, By Dave Ferguson
February 16, 2011
, By Dave Ferguson
February 16, 2011
, By Dave Ferguson
February 16, 2011
, By Dave Ferguson
February 16, 2011

Material cost is a big subject and will be handled in multiple blog entries.  Material costs are costs that go directly into producing the desired product.  Material costs can be divided into both direct and indirect material costs.  We will focus...
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Manufacturing Costs

By Dave Ferguson
February 15, 2011
, By Dave Ferguson
February 15, 2011
, By Dave Ferguson
February 15, 2011
, By Dave Ferguson
February 15, 2011
, By Dave Ferguson
February 15, 2011
, By Dave Ferguson
February 15, 2011
, By Dave Ferguson
February 15, 2011
, By Dave Ferguson
February 15, 2011
, By Dave Ferguson
February 15, 2011
, By Dave Ferguson
February 15, 2011
, By Dave Ferguson
February 15, 2011
, By Dave Ferguson
February 15, 2011
, By Dave Ferguson
February 15, 2011
, By Dave Ferguson
February 15, 2011
, By Dave Ferguson
February 15, 2011
, By Dave Ferguson
February 15, 2011
, By Dave Ferguson
February 15, 2011
, By Dave Ferguson
February 15, 2011
, By Dave Ferguson
February 15, 2011

Manufacturing costs consist of multiple elements which arrive at the full cost.  When estimating a product to be manufactured the entire costs are distributed between the following elements.
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