material costs

material costs

The total costs of all materials used on a construction project, including delivery, handling, waste, storage, and taxes.
References in periodicals archive ?
However material costs, wages and salaries are all expected to continue rising over the next six months.
Offsetting solid underlying volume growth were the negative impact from foreign currency translation and lower selling prices from the pass-through of lower raw material costs and market pricing trends.
Inflation and high raw material costs have prompted Thai Union Frozen Products (TUF) to raise prices and adjust strategies to ensure growth.
With raw material costs rising, LG Electronics is adjusting appliances product price to 5% or 10%.
The price increase is attributable to ongoing escalation of raw material costs over the last 15 months, especially affecting oil and natural gas based products, the company said.
TATA Steel has announced major price rises in the wake of increasing raw material costs.
Based on the concept of activity-based costing, the proposed costing technique, termed the lumber yield method, enables allocation of raw material costs incurred during a production run to the lumber products produced.
Suppose $100 million of the payment is to cover expected labor costs, another $100 million is to cover expected material costs, and the final $20 million is intended to be contractor profit.
Further price increases are possible, according to today's announcement, subject to trends in raw material costs.
MANUFACTURING industry across North Wales is feeling the force of soaring oil prices after raw material costs rose sharply last month.
Despite the fact that variations in the mixture have tremendous implications for labor and material costs, as well as product quality, rubber producers have relied on human judgement to develop antitack mixtures that work for their products.
He says that steel companies are attacking yields and trying to keep raw material costs under control.

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