Question

Setting burden rates

  • 23 August 2022
  • 0 replies
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Userlevel 2

I discovered I have a big discrepancy between my burden costs on my sales gross margin report and burden costs on my income statement.  I have not looked at them in a while and they are off and of course not in a way that I am making more money. So I need to up my rates for both costing and quoting. Looking for advice on how to determine correct rates. How much variation should there be in resources for capital equipment and other costs?  What should I do once I change the rates for jobs that will have a combination of old and new rates so I can tell if changes are successful?


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