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Direct Labor $ 31.70
Overhead $ 8.08 Total Cost $ 39.78 Profit $ 5.97 Total Hourly Rate $ 45.75 I have the sheet as above with a known value for direct labor of $31.70, overhead costs are a % that is in a cell and can be changed currently they are 25.5%, Profit is at 15% of direct labor +overhead. I need to have a sheet set up with the same layout except that I will have a known Total hour rate, I would like for the overhead and profit to still be able to be changed and show me what the Direct labor would be. In other words if I bid a job for $50 p/hour and had overhead cost of 25.5% and profit at 15% of that total; what could I offer a potential employee to work (direct labor)? I would be able to change the overhead and profit individually and do a what / if. Thanks in advance and hope all have a Great weekend, cil |