Calc 02 General Labor with Time Standard

Estimates the cost and time for operations where labor standards are used. Minutes per first unit and minutes per repeat unit are time standards.

Operation Setup Requirements:
  1. Description
  2. Rate: Cost per hour
  3. Sell $ use: Markup % (recommended), alternate sell rate or sell grid
  4. Calc: 2
  5. Sub Key: Labor
  6. Minutes First: Minutes to make first unit
  7. Minutes Repeat: Minutes for each additional unit
  8. Set units to: Option to default units to pre-assigned number, pages, sheets, form quantity, etc.
C02


Estimate Specification Input Prompts:
  1. Units (not editable if set to pages, sheets, form quantity, etc.)
  2. J%
  3. Remarks
  4. Memo



Calculation:

Minutes First + ((Units - 1) x Minutes Repeat) = Standard Minutes
Standard Minutes / 60 x J% = Estimated Hours
Estimated Hours x Rate = Cost $
Cost $ x Markup % = Markup $
Cost $ + Markup $ = Sell $

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