## How to calculate break even hourly rate

For a quick estimate of your annual salary, double your hourly salary and add a thousand to the end. If you make \$20 an hour, you make approximately \$40,000 a year. If you make \$25 an hour, you make about \$50,000 a year. The following table highlights earnings for a person working 40 hours per week at various wages.

Steps to Controlling your Labor. Step 1. Calculating the Available Hours. Description. Hours. Balance. Comment. Available Hours (per year) 2,080. 2,080. 52 weeks x 40 hours/week Step 2. (Establish Total Costs for the Operation) Step 3. Decide on Who are the Revenue Generators. Step 4. Adjusting Generally you should offer 40 hours (one week) of vacation for one to two years of service, 80 hours for three years, and 120 hours of vacation for coworkers who have been with you for five years or more. F. Enter the number of paid holiday hours you offer your coworkers. Hourly rate calculator. We made this calculator for freelancers to use as a guide to costs, billable hours and desired profit. Remember: your hourly rate should also account for factors like market demand and skill level, factors that we unfortunately couldn't fit into this calculator. Takes 5-15 mins to complete. The break-even analysis helps business owners perform a financial analysis and calculate how any changes will affect the time it takes to break-even and, therefore, turn a profit. To make your business more profitable, you should look at ways to increase sales and decrease operating costs. The break-even point occurs when total cost equals total revenue. Laying out these three statements as an equation, a break-even point occurs when (Price Per Item) x (Quantity of Items Sold) = (Fixed Costs) + (Variable Costs). Given the price of one item, and the numbers for the two types of costs, To calculate break-even point based on units: Divide fixed costs by the revenue per unit minus the variable cost per unit. The fixed costs are those that do not change regardless of units are sold. The revenue is the price for which you’re selling the product minus the variable costs, like labour and materials. To calculate the break-even interest rate, take (1 + 0.02) ^ 5 for the five-year bond, and (1 + 0.03) ^ 10 for the 10-year bond. The resulting numbers are 1.10408 and 1.34392, respectively.

## Feb 26, 2009 personal costs, billable time and desired profit, and spits out an ideal hourly rate and a break-even rate. The great thing about this calculator

Jan 2, 2001 The breakeven rate will tell us what hourly rate we must charge to cover our basic costs of doing business-with no profit. Before we can generate  Using this process you can accurately calculate a break-even hourly rate for any service based business. You could then add on your required gross margin  Using the break-even revenue formula, plug in total fixed costs of \$30,000, variable cost- per-unit of \$15 (hourly pay to consultant), and unit selling price of \$30 (  divide 1,818 by 48 weeks and your break-even sales target is 38 benches a week. How does an hourly rate of \$107 compare with the industry average?