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Board feet = thickness inches × width inches × length feet × quantity ÷ 12. Planning board feet = board feet × (1 + waste percent ÷ 100). Optional material estimate = planning board feet × price per board foot.- Apply the formulaBoard feet = thickness inches × width inches × length feet × quantity ÷ 12. Planning board feet = board feet × (1 + waste percent ÷ 100). Optional material estimate = planning board feet × price per board foot.105.6 board feet8 ft x 6 in x 2 in x 12 / 12 = 96 bf measured; 8 bf per board; 8 cu ft; 10% allowance = 105.6 bf.