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Antony

How to find or calculate the cost per unit of a work item

Antony 2019-10-01 17:34:08


This technical support case was sent in by one of our Users


Request
How can I check or calculate the cost per unit of a particular work item?

Answer
To check the cost per unit of a work item you can use the Rate Analysis editor adding quantities and unit costs for each resource (materials, labour, freight, transport, etc) that builds up the entire work item .

here's a procedure to calculate the amounts per unit for a rate build up in a rate analysis:
A - identify the elements that compose the work item;
B - specify, for each item, the quantity used and the unit rate;
C - add Overheads (%) and the Company Profit (%)
-> see attached image

The Work Item amounts can be calculated using the Rate Analysis module -> see the video tutorial: How to calculate amounts per unit for a work item