Per C and per M pricing
Reviewed by Dasha ShakovVP Marketing, Proton
Updated
What is per C and per M pricing?
Per C and per M pricing means a price is quoted per 100 units (C) or per 1,000 units (M), from the Roman numerals, rather than per single unit. It is common for small, high-volume items such as fasteners, connectors and wire sold by the foot.
How it works
A related unit is CWT, or hundredweight, a price per 100 pounds. When the pricing unit differs from the selling unit of measure, the extended price depends on the ERP converting correctly, and a per-M price keyed as a per-each price produces an invoice a thousand times too large.
Per C and per M pricing example
Wire at $250 per M feet, 500 feet ordered: the line should extend to $125. Entered as $250 a foot, it would extend to $125,000.
Related terms
- Unit of measure (UOM)A unit of measure (UOM) is the unit an item is bought, stocked or sold in, such as each, box, case, pallet, foot or pound.
- Case packA case pack is the number of units a manufacturer packs into one case or carton, such as 12 tubes of caulk or 100 connectors.
- List priceList price is the published, undiscounted price of a product, set by the manufacturer in its price book.
- InvoiceAn invoice is the seller’s bill for goods or services delivered, listing the items, quantities, prices, freight, tax, payment terms and amount due.
