📊 Estimating & BusinessTechnicalAlso: materials margin, supply markup, cost plus markup
Material Markup
Definition
Material markup is the percentage added to material costs before charging the client, covering sourcing, purchasing, transporting, and managing materials. Typical range is 10-30%.
Common Questions
Real-World Example
CRM Services purchases $200 in drywall and joint compound and bills $240 with a 20% markup.
Why It Matters
Material markup is an essential but often misunderstood profit center.
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