| A | B |
|---|
| benchmark | fixed time that a job is estimated to take in each phase |
| estimate | detailed statement of all costs and charges related to a printing job |
| fixed cost | any cost that does not change with production volume |
| gross profit | amount of revenue left after direct printing costs have been paid |
| invoice | bill for the customer's printing job |
| labor | part of the cost which is an hourly wage rate paid to employees working on the job |
| markup | predetermined percentage added to the job price to recover combined expenses and profit |
| materials | consumalbe items required for the printing job, such as paper, ink, plates, etc. |
| net profit | amount of revenue left after all costs, fixed, and variable have been paid |
| quotation | actual selling price of the printing job, quoted, and recorded |
| variable cost | any cost that increases or decreases directly with production volume, such as paper, ink, and film |
| samples of fixed costs | insurance, advertising, building rental |
| samples of variable costs | labor, paper, ink |
| samples of cost itmes to consider when giving an estimate | typesetting, scanning, design, press runs, paper, labor |
| samples of cost awareness factors for a successful printing business | net profit, markup, wages, sales, equipment cost, and waste management |
| job ticket | written specification sheet which serves as blue print for the printing job and followis it from order taking to delivery |
| samples of waste management practices | recycling & shop planning |
| componenets of a job ticket | customer info., quantity, typesetting, proof requirement, paper, bindery, outsourcing |
