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DTSTART:20250116T170000Z
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SUMMARY:printTHINK Webinar:  Calculating Your Budgeted Hourly Cost Rates
DESCRIPTION:In today’s economy, it is essential to know your true costs so you can produce accurate estimates, make better pricing decisions, improve competitiveness, and increase sales and profits. This workshop will teach you how to determine the minimum budgeted hourly cost rate you must charge for production equipment and services in order to break-even or recover your out-of-pocket costs. You will learn industry best practices for accounting for all costs in your estimates, markups, costing reports, and job profitability reports.\nWhat Attendees Will Learn? \n\nWhat budgeted hourly rates (BHR’s) are and their purpose\nHow to develop BHR’s for your company\nThe components of budgeted hourly rates\nWhat not to include in your BHR’s\nWhere to get the information and numbers\nExample prepress, press, and finishing BHR’s\nHow to use BHRs for pricing and job costing\nHow to cost out fully depreciated and paid for equipment\nWhat manufacturing, overhead, all inclusive, and value added costs are\nHow to implement and phase in your updated BHR’s\nWhen and why you should keep your BHR’s updated\n\n
URL:https://tlmi.com/events/printthink-webinar-benchmarking-and-cost-analysis/
CATEGORIES:Virtual
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