In this document we will cover the testing of a product engine to see and verify the costing detail for materials, as well as the cost and time detail of equipment and labor functions. This will help you verify your calculation costs and time for each individual product engine.
Note: If you are using a retail pricing method this will NOT be your true costs (Example: If your actual "Click Charge" is .024, and you have placed .24 in the unit price in your production process the detail will show the billable as cost.
If you are using a cost-plus method of pricing you would have entered in the actual click charge of .024 and placed a 100% markup value in the unit pricing markup section of the production resource, your true cost will be shown.
Step 2: Arrange Prompts and Test
- Drag and drop the components to the position you would like the user to answer it in.
- Click Test
Step 3: Product Engine Detail Analysis
Answer the prompts that you have created in your product engine and select the "Calculate Job Plan" button
This is an overview of costs and sell pricing associated with the quantities and options you have chosen in the product engine. They will reflect different levels of price information.
Raw Cost: This is the sum of all Equipment, Labor and Material that you have entered without any markups associated with them. This would also be your “Pure Cost”
Price Basis: Price Basis is the sum of the raw cost of all Equipment, Labor, and Material that are chosen with any Resource level or Material level Markups. This is pricing before any price groups are added. This would also be known as your “Cost of Doing Business” or “Minimum Selling Price”
Pre-Tax Sell Price: This number represents the Price Basis plus the Price Group that is chosen as the top of the page. This figure would indicate what the pre-tax sell price would be when pricing this as a job or estimate.
Below this section you will see the individual material items and Resource items with their associated costs based on the quantity that is chosen. This is where you can see the breakdown of the pricing for each.
If you see that a material, equipment, or labor function is not what you think it should be you have (4) four options...
- edit the calculation formula within the product engine itself.
- Make an addition or edit the production process with a product resource.
- Copy and edit a similar production resource and create/edit/delete the production processes.
- Create a new production resource with new production processes.
By testing you product engine users can check their cost vs pricing for accuracy.
If you have questions or need help, please open a support ticket.