Home
Back
Price Per Thousand Formula:
| From: | To: |
The Price Per Thousand calculation is used in the lumber industry to determine the cost of lumber based on board feet and price per thousand board feet. This standard measurement helps in comparing and pricing lumber quantities efficiently.
The calculator uses the Price Per Thousand formula:
Where:
Explanation: The calculation converts the per-thousand pricing to the actual cost for the specific quantity of lumber being purchased.
Details: Accurate lumber pricing is essential for contractors, builders, and woodworkers to estimate project costs, maintain budgets, and make informed purchasing decisions in construction and woodworking projects.
Tips: Enter the board feet measurement and the price per thousand board feet. Both values must be positive numbers. The calculator will compute the total price for the specified quantity of lumber.
Q1: What is a board foot?
A: A board foot is a unit of measurement for lumber equal to 1 foot long × 1 foot wide × 1 inch thick, or 144 cubic inches.
Q2: Why is lumber priced per thousand?
A: Lumber is typically sold in large quantities, so pricing per thousand board feet (MBF) is an industry standard that simplifies large-scale transactions and comparisons.
Q3: How do I measure board feet?
A: Board feet = (Length (ft) × Width (in) × Thickness (in)) ÷ 12. For multiple pieces, multiply by the quantity.
Q4: Does this calculator work for all types of wood?
A: Yes, the calculation works for any type of lumber as long as you have accurate board feet measurements and the price per thousand.
Q5: Can I use this for metric measurements?
A: This calculator uses imperial measurements (board feet). For metric conversions, you would need to convert cubic meters or other metric units to board feet first.