Enter the material cost ($) and the labor cost ($) into the Signage Price Calculator. The calculator will evaluate and display the Signage Price.
Signage Price Formula
The following formula is used to calculate the Signage Price.
SP = MC * 2 + LC
- Where SP is the Signage Price ($)
- MC is the material cost ($)
- LC is the labor cost ($)
How to Calculate Signage Price?
The following example problems outline how to calculate Signage Price.
Example Problem #1:
- First, determine the material cost ($).
- The material cost ($) is given as: 50.
- Next, determine the labor cost ($).
- The labor cost ($) is provided as: 20.
- Finally, calculate the Signage Price using the equation above:
SP = MC * 2 + LC
The values given above are inserted into the equation below:
SP = 50 * 2 + 20 = 120.00 ($)
Example Problem #2:
For this problem, the variables needed are provided below:
material cost ($) = 60
labor cost ($) = 70
This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer.
SP = MC * 2 + LC = ?
