This is an explanation of how the retail price of a frame is derived.
The Moulding group in the Price Codes file pertains only to items usually bought and sold by the foot. The Moulding group includes: Wood, Metal, Plastic (polystyrene), Liners, Fillets, and Extenders. (Bevelled Accents™ and Faux Fillets™ are also included in this group under Fillets.)
The Moulding group is governed by this formula:
Retail Frame Price = required footage x price per foot + set price
- required footage (imperial) = (UI + (moulding width x Width Multiplier x 4)) ÷ 6
- required footage (metric) = (United Centimetres + ( Width / 10 x Width Multiplier) x 4)) / 50 x 10. Then take the sum and round it up to the nearest whole number and / 10 x Qty.
Eg. (119 + ((40/ 10 x 1.25) x 4)) / 50 x 10) = 27.8 rounded up to 28 / 10 x 1 = 2.8 metres
See fields circled in diagram to match numbers in red.
- price per foot = a formula that can be as simple as the price you want to charge or as complex as a formula that includes a cost (length, chop, or join), a markup and an amount per foot (several examples are given in this section)
- set price = optional dollar amount added to the calculated price