What is Unit Cost
KonstructIQ’s Unit Cost Feature is used to estimate the cost of a project by breaking it down into individual units of work or materials. Each unit, such as square footage, gallons, hours, is assigned a cost based on labor, materials, and equipment. The total project cost is then calculated by multiplying the estimated quantities of each unit by their respective costs.
Enabling Unit Cost
There are 2 ways you can enable unit cost. If you want to have unit cost for all future projects, you can go to the General Settings by clicking on the Gear Icon on the top right of the homepage. Navigate to the Projects Section and enable “Show quantity and unit cost per line item”
You can also enable it for a specific project by editing the estimate, clicking on Options, and “Show quantity and unit cost”
What Units are available?
The units that are build into KonstructIQ is Unit, Sq ft., Ln Ft, Cu Yards, Hours, Days, Pieces, Project, Lbs, and Gallons. There is also a Custom Unit if the unit is not included in the options
Updating a Line Item with Unit Cost
After you have enabled Unit Cost, you can now update each line item for the Unit Cost that is needed. First thing to do is add the cost for each unit of measurement. Click on “Unit” and the options for other units of measurement will come up. Choose the correct Unit or Create your own Customer Unit. Then update the quantity.
You can also have different cost items. For example, You can break down a line item by adding Labor and Materials into 2 separate cost items under your line item. These different Cost Items can have different units of measurement, ie Labor for $XX Per Hour and then Materials for $XX Per Piece.