explain the procedure of estimating cost of machining part of lathe operation
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Lathe operations involves heavy steel and iron .therfore it is wise to estimate the cost of lathe .in estimating it you need to put a few factors into consideration .this includes ;
TRANSPORTATION COST-the cost of transporting raw materials from the point of extaction to the farm is important in estimating the final cost
LABOUR COST -in estimating the final cost of lathe you have to put into consideration the cost of labour
Other costs include ;water costs and other misleniours expenses
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