Inaccurate budgeted hourly rates (BHRs) can put a printing company out of business as one company found out the hard way. Quality Printing* is a sheetfed, digital, and large format printing company with 75 employees located in the Midwest United States.
The budgeted hourly cost rates they used for estimating, pricing, and job costing was indiscriminately updated over the years.
When they finally updated their rates...
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