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Finishing Cost Calculator

  Example  
Your Costs
 
Labour        
How many people finish your components? 2    
How many man hours per week do they each spend finishing? 25    
What is their hourly rate? £10 £  
Plus National Insurance (13.8%) 13.80%   13.80%  
How many weeks salary are being paid (52 or 52 + 4 weeks holiday cover)? 56    
Sub Total of Labour £31,864 £
         
Materials        
How many components get scrapped each week? 15    
What's the value of each component? £1.50 £  
Sub Total of Materials £1,260 £
         
Pertinent other factors:
Linishing Belts, Sanding discs etc.		 £2400 £  
         
Total annual finishing costs* £35,524 £
*excludes sick pay, cost of cover etc

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