3. MATTHEWS PLATING COSTS 2015
PAUL $ 13,770.00
BRAD $ 6,468.75
GAS $ 6,375.00
INSURANCE $ 400.00
REPAIR & MAINTENANCE $ 1,500.00
PLATING COST $ 150,194.50
TOTAL COSTS: $ 178,708.25
Paul’s cost is 50% of his time
Brad’s cost is 20% of his time
All other expenses are actuals
4. Estimation: $ 210,000
This includes:
Cost of the oven $160,000
Cost of the spray booth $50,000
5. $210,000 loan
Interest rate: 4.00%
3 years, 12 payments/yr
Resulting in a total interest of $13,201.33
6. Part: Sq. Feet Of Part: LBS/ PART SQ/LBS
2-71-12300-1 1.85 11.86 0.16
27-05200-1 0.39 2.11 0.18
51-08200-1nyptg 1.37 6.01 0.23
57-10200-1 0.72 4.53 0.16
74-00000-15 0.14 0.73 0.18
2-71-16601-1nyf 3.49 22.40 0.16
65-06300-1p 1.01 6.10 0.17
64-08000-12ss 0.31 1.32 0.23
73-06000-17f 1.68 9.10 0.18
66-05200-2 0.85 3.77 0.23
55-05200-1 0.43 2.33 0.19
2-51-05100-1nyds 0.66 2.75 0.24
AVERAGE SQUARE FT PER LBS SENTTO MATTHEWS 0.19
Average square ft per pound part conversion
7. SQUARE FOOT CALCULATION
$ 150,194.50 MATTHEWS PLATING COST IN 2015
$ 0.21 PER POUNDAT MATTHEWS
715,211.90 TOTAL LBS SENTTO MATTHEWS PLATING
0.19 AVERAGE SQUARE FOOTAGE PER POUND SENTTO MATTHEWS
135,890 TOTAL SQUARE FEET SENTTO MATTHEWS PLATING
Cell 1:The amount paid to Matthew’s Plating in 2015
Cell 2: Average price per pound to plate at Matthew’s Plating
Cell 3: Cell 1/ Cell 2 –This gives the total weight in pounds sent to Matthew’s Plating in 2015
Cell 4: Average square foot calculated with the parts on the last slide
Cell 5: Cell 3 x Cell 4 –This gives estimated square feet sent to Matthew’s Plating in 2015
8. Total square feet sent to Matthew’s Plating: 135,890
Price per square foot: $0.10
Material Costs: $13,589.00
9.
10. Total Overhead: $ 51,291.30
Assumptions:
•Running for 255 days/yr
•8 hrs/day
•Same amount space, more compact
system then current
