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Rate of material is calculated as follows:
Basic market rate Ex factory - Rs X
Add Excise duty if applicable
Total - Rs A
Add transportation cost from factory to site
Total - Rs B
Add taxes such as VAT, State sales tax, Central sales tax etc., as applicable
Total - Rs C
Add octroi or entry tax if applicable
Total - Rs D This is the rate of material to be considered in costing of items
What else can I help you with?
Causes material quantity variance?
causes of labor rate variances
How do you calculate material rate in bill of quantity?
To calculate the material rate in a Bill of Quantities (BoQ), first, determine the unit cost of each material by obtaining current market prices. Then, multiply the unit cost by the quantity of material required for the project. Finally, ensure you include any additional costs such as transportation, taxes, and handling fees to arrive at the total material rate for each item in the BoQ.
What are facts about rate?
A rate is either a noun that is a measurement or quantity. Traditionally it is something that is measure against a contrary quantity for example; the rate of graduates would be the quantity of non-grads verses the quantity of grads.
What is a rate that's in which the second quantity in the comparison is one unit?
It is a unit rate.A unit rate.
Is it true that the half life of a material increases with the amount of material present?
No, the half-life of a material is a constant characteristic specific to that material and is independent of the amount present. The half-life is defined as the time required for half of the material to decay, and this rate remains the same regardless of the quantity. However, the total time for a given amount to decay completely will vary with the initial quantity, but the half-life itself does not change.
What is The rate of a changing quantity is the amount it changes per single increment of time?
The rate of a changing quantity is the derivative of that quantity with respect to time. It represents how fast the quantity is changing at a specific point in time. This rate can be constant or variable depending on the nature of the change.
Definition: The ___ rate of a changing quantity is the amount it changes per single increment of time (or other quantity).?
unit rate
A rate in which the second quantity is one unit?
Unit Rate
Rate for one unit of a given quantity?
it is a unit rate
What is a rate that compares a quantity to one unit?
Unit rate
Should kids rate kids movies?
ABSOLUTELY !!! the best way to know if a kid movie is good or not is by surveying kids or have them rate it !!!
What is the definition of unit rate?
The Unit Rate Is The Quantity Of ONE Thing
