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https://accountingproficient.com/managerial-accounting/break-even-analysis-service-business/#:~:text=Breakeven%20billing%20rate%20%3D%20%28%245000%20%2B%20%242000%29%2F110%20hours,rate%20to%20assess%20the%20viability%20of%20her%2Fhis%20business.
https://www.accountingcoach.com/blog/what-is-the-break-even-formula
Break-even Point in Billable Service Hours For a service business, the units could be the company's hours billed to clients . For example, if the business has total fixed expenses of $300,000 for a year and it has a contribution margin of $40 per billable hour (hourly billing rate of $100 minus variable expenses of $60 per hour), the break-even point for the year is 7,500 …
https://quickbooks.intuit.com/r/bookkeeping/billable-hours/
Billable hours: Work on your client’s case from 9:15 AM to 12 PM. Resume work on your client’s case, and work from 1 PM to 3:45 PM. Get back to work on client material, and don’t stop until 6:35 PM. Non-billable hours: Spend 30 minutes going through emails and other correspondence. Attend a 30-minute team meeting about casework.
https://accountingproficient.com/managerial-accounting/break-even-analysis-service-business/
Breakeven billing rate = ($5000 + $2000)/110 hours =$64/hr. It is also possible to use the same formula to determine the number of hours of work needed, given a set service fee, or the owner’s available draw given all the other factors.
https://www.pmmag.com/articles/102056-how-to-calculate-your-breakeven-cost-per-hour
Our overhead rate per hour ($250,000 - $60,000) 4,000 billable hours = $47.50 per hour. The breakeven rate is then the overhead rate plus the average hourly rate in the field or: = $47.50/hour overhead + $18.00 average base rate = $65.50/hour breakeven. The $65.50 is the breakeven rate when material markup is used to subsidize the rate.
https://www.servicetitan.com/tools/labor-rate-calculator
(Break-even rate per billable hour) ÷ (1 - desired net profit expressed in decimals) = Profitable billable labor rate $62.29 per hour ÷ (1 - 0.30) $62.29 ÷ 0.70 = $88.99 billable hour rate to reach 30 percent net profit
https://www.servicetitan.com/field-service-management/break-even-rate
Employees cost calculator: 583.2 billable hours X five techs = 2,916 total billable hours. 2,916 total billable hours X $28 per hour = $81,648 technicians billable payroll cost + overhead cost. Cost of employee payroll plus overhead: $81,648 for technicians + $100,000 for overhead = $181,648 total expenses. Divide that expense total by the total number of billable hours for …
https://www.clicktime.com/blog/billable-vs-non-billable-hours-how-to-get-paid-for-both/
“The reason,” he says, “is that your billable hour cost is $50 dollars an hour, and you’re charging that $50 an hour to your client. You are only breaking even." You are only breaking even." Tracking both billable and non-billable time helps you understand the true costs of your client work.
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