What are the materials costs?

Materials costs refer to the expenses incurred in purchasing raw materials, components, and supplies needed for production or construction. These costs can include the cost of purchasing materials, shipping and handling fees, storage costs, and any other expenses related to acquiring the necessary materials for a project or manufacturing process. Materials costs are a significant component of the overall cost of production and can have a significant impact on the profitability of a business.

- Concrete: $100 per cubic yard
- Rebar: $1,000 per ton
- Formwork: $50 per square foot
- Finishes: $20 per square foot