Overhead Cost Per Hour Worksheet Annual Service Department Overhead Get your Annual Overhead from your financials Monthly Average Overhead Your service techs are going to come from your average number of techs employed # of Service Techs Your service techs are going to come from your average number of techs employed Days per month Days per month should be the minimum number of Days on average. the lower the number of days the higher the daily rate. You want this number higher for breakage purposes. Man Days per month Productive Hours Overhead Cost per Hour (Per Tech) Overhead Cost Per Day (Per Tech) Annual Service Department Desired Profit Enter here your annual planned profit for your Service Department Monthly Average Profit Profit Plan per Hour (Per Tech) Profit Plan Per Day (Per Tech) NOW CLICK ON THE HOURLY RATE CALCULATION PAGE BELOW Copyright Enterprise Selling Solutions 2021
Hourly Rate Calculation Highest Paid Service Technician (Base Wage Rate) Enter your highest paid technician to come up with your daily rate Taxes/Benefits multiplier Variable depending upon benefits offered and state taxes. Enter the number as a percentage Loaded Labor Rate Overhead per hour Desired profit per hour Target $ Per Hour Production efficiency (include warranty, travel, breaks) Your Production efficency is the amount of time your people are billing. The lower the number the higher the hourly rate. You are accounting for time you cannot bill, into the rate/hours that you can. Your Hourly Rate for Service Copyright Enterprise Selling Solutions 2021