Cost Rates Advisor has intricate algorithms that analyze your financial and production information and
calculates the annual out-of-pocket cost and budgeted hourly rates of your equipment and services.
- Cost Rates Advisor gives you a comprehensive breakdown of every cost component including:
- fixed factory costs
- variable factory costs
- labor costs
- selling, general & administrative (SG&A) costs
- assets depreciation costs
- breakeven, out-of-pocket costs
- factory budgeted hourly rates
- SG&A budgeted hourly rates
- all-inclusive budgeted hourly rates
- Employees can have their hours, wages, and expenses split between departments or machines.
- All-inclusive rates represent your true out-of-pocket break-even costs.
- Rates are represented several ways so they can easily be implemented into any estimating, pricing, and costing MIS/ERP software.
"If your rates are inaccurate or outdated, so are your estimates, price markups, job costs,
job profitability, commissions, and other key reports."