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In this video tutorial, the presenter breaks down an installation job to provide insight into pricing strategies. The focus is on determining the actual costs incurred for the job, without markup. The example includes itemized costs: $35 for torch vacuum nitrogen, $60 for a permit, and $20 for metal, along with various other materials and services totaling up to a defined cost structure. Labor is calculated at $25 per hour for two workers over 12 hours, emphasizing the need to account for labor costs more than what is actually paid. The presenter advises viewers to assess their own pricing based on these actual costs for a more accurate estimation.
