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In this video, the narrator discusses how to break down the costs of an installation job, aiming to identify the actual expenses without markup. He provides an example list of costs, including torch vacuum ($35), permit ($60), metal ($20), and various other materials totaling to a more comprehensive job estimate. He emphasizes the importance of accurately measuring labor costs, suggesting 12 hours of work for two workers at $25 per hour, while recommending that one charges a bit more than the actual labor costs. The goal is to establish a clear understanding of all expenses involved to inform pricing strategies.
