Yes, it's all perimeter, but do you have a number for that in inches/feet? (i.e. if you're cutting a 2 inch box with six flat sides (no dovetails) having four sides each, that's 6 x 4 x 2 or 4 feet of perimeter to cut.)
The laser speed and power are adjusted to accommodate different materials and thicknesses. The speed setting in the manual for 1/4 inch plexi is 7% for clear (The PDF manual is at Epiloglaser.com. Ours is the 35watt Mini). That doesn't translate into an inches per foot number, but we could experiment with it once we know the following:
a) what the material is (colored, opaque, or clear acrylic/plexi)
b) how thick your material is
c) the total length of your vector lines in your design file
We can also run your file at the suggested settings without the cutting laser on (a dry run of sorts). That will give a pretty accurate time.
Herb