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https://www.ratchetandwrench.com/articles/1796-calculating-shop-capacity
Dec 01, 2014 · First, you will figure out your billable daily hours. To do that, multiply the number of technicians you have by the number of billable hours per technician per day. That total is the number of hours you could be billing in a day. To figure that out for the whole year, multiply the total billable daily hours …
https://www.creativebloq.com/business/how-calculate-your-shop-rate-71621306
Sep 02, 2016 · (Expenses + profit) ÷ hours = shop rate. Find out what it costs to run your business, add in profit up-front, and then divide it by how much time you have. This tells you exactly how much each unit of time you have to sell is worth, which you can then use to calculate …Estimated Reading Time: 7 mins
https://www.briansbenham.com/how-to-figure-your-hourly-shop-rate-or-day-rate/
To find how much to charge an hour we need to divided our goal by our total yearly billable hours. $100,000/1,500 billable hrs. = $66.67 an hr. By only dividing by our billable hours we account for getting paid for the non-billable hours …Estimated Reading Time: 10 mins
https://www.woodweb.com/knowledge_base/Calculating_a_Shop_Rate.html
Here's the formula I use: Gross Sales – Materials/number of work days per month/number of production employees/direct man hours per day per employee = shop rate. This gives you your loaded shop rate, meaning overhead and profit are already included.
https://www.calculatorsoup.com/calculators/time/hours.php
You'll need to convert the minutes part to hours. 15 minutes times 1 hour per 60 minutes will make the conversion to hours and minutes will cancel out. 15 min × (1 hr / 60 min) = (15/60) hr = 0.25 hr. Adding the 0.25 to the 7.0 our total is 7.0 + 0.25 = 7.25 hours.
https://www.calculator.net/hours-calculator.html
Hours: Hours in a day: 24: Hours in a week: 168: Hours in a month: 672 for a 28-day month 696 for a 29-day month 720 for a 30-day month 744 for a 31-day month 730.5 on average: Hours in a year: 8,760 for a 365-day year 8,784 for a 366-day year 8,766 on average: Hours in a decade: 87,648 for a 2-leap-year decade 87,672 for a 3-leap-year decade 87,660 on average
https://www.redcort.com/free-timecard-calculator
Free Time Card Calculator. Total your weekly timecard hours in decimal format for payroll. Our easy time tracking software automatically totals worker hours & overtime. Learn More. A break deduction can be entered in hours, minutes, or both.
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