You purchase an item for a T&M installation (bear with me, it must be a T&M)
Supply house A charges you $10 for this item
Supply house B charges you $8 for this item
You purchase the item from supply house B for $8. When you bill out the material do you base your markup/margin on $8 or $10?
And vice versa. You normally purchase the item from supply house B, but today they were in a bind, so you bought it from supply house A for $2 more, what cost do you use for markup/margin?
Supply house A charges you $10 for this item
Supply house B charges you $8 for this item
You purchase the item from supply house B for $8. When you bill out the material do you base your markup/margin on $8 or $10?
And vice versa. You normally purchase the item from supply house B, but today they were in a bind, so you bought it from supply house A for $2 more, what cost do you use for markup/margin?