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The video tutorial breaks down an installation job to help viewers understand the actual cost of the project. The speaker provides a list of items with their estimated costs, including torch, vacuum, nitrogen, permit, metal, fuses, whip pad disconnect, and more. They emphasize the importance of calculating the actual cost of the job, not the marked up cost. Labor costs are also considered, with a suggestion to charge more than what you're paying your workers. It's crucial to accurately assess all expenses to determine pricing.