Cost Per Thousand Formula:
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The Cost Per Thousand calculation determines the price for 1000 board feet of lumber based on the price per individual board foot. This is a standard measurement used in the lumber industry for pricing and comparison purposes.
The calculator uses the simple formula:
Where:
Explanation: This calculation allows for easy comparison of lumber prices across different suppliers and quantities.
Details: Calculating cost per thousand board feet is essential for contractors, builders, and lumber suppliers to accurately estimate project costs, compare pricing, and make informed purchasing decisions.
Tips: Enter the price per board foot in dollars. The value must be greater than zero. The calculator will automatically compute the cost for 1000 board feet.
Q1: What is a board foot?
A: A board foot is a unit of measurement for lumber equal to 144 cubic inches (12" × 12" × 1").
Q2: Why calculate cost per thousand?
A: This standardization allows for easy comparison of lumber prices regardless of the quantity being purchased.
Q3: Does this include additional costs?
A: This calculation only includes the base lumber cost. Additional costs like delivery, taxes, or processing fees may apply.
Q4: How accurate is this calculation?
A: The calculation is mathematically precise based on the input price per board foot.
Q5: Can this be used for different wood types?
A: Yes, this calculation works for any type of lumber priced by the board foot.