Job Cost Analysis
Insightful and Actionable
Job Cost Analysis
watch Tractivity’s Job Cost Analysis provides the tools to analyze costs and expose issues that impact profit. Knowing job cost is necessary to ensure proper pricing, but knowing the http://cinziamazzamakeup.com/?x=farmacia-viagra-generico-200-mg-a-Roma why behind job costs helps make a profitable business. By tracking and measuring process level costs, Tractivity’s Job Cost Analysis exposes hidden cost drivers and improvement opportunities to help management take corrective actions for continuous improvement.propecia best intake
- Job Cost & Net Profit
- Process Cost
- Cost Per User Defined Metric
- User Defined Metric Per Hour
- Labor Distribution
- Budget Variance
Job Cost Analysis Capabilities
source Tractivity labor cost tracking uses the actual pay rate of the employee at the correct pay type such as regular, overtime, double time or any other relevant compensation adjustment. The wage burden is determined by applying the burden percentage to the earnings. The worker’s compensation rate may be determined by the assigned rate for the employee or an assigned rate for the activity the employee is doing. For example if an employee hourly rate is $12 and the employee labor burden is 13.75% and the worker’s compensation rate is 12% then one hour of labor cost would be: $12.00 + $1.65 + $1.44 = $15.09
siti sicuri per comprare viagra generico 50 mg pagamento online Tractivity net profit reports are designed to provide a realistic picture of costs associated with a specific job. Overhead is the cost of business that cannot be attributed to a specific job and therefore the cost of overhead must be distributed to all revenue producing jobs to gain a true job cost picture. Tractivity distributes overhead as an overhead rate per direct labor hour. Labor costs are actual wage plus burden and workers compensation cost. Material costs are the actual material charges to a job.
aetna cialis coverage Another tool to help management identify production and process bottlenecks and cost is the Activity Distribution report. This report is designed to report labor by total hours, dollars and occurrences by the activity/process. By using this report management may focus their attention on the most important process improvement opportunities.
does levitra pills work on women Budget variance reports provide accountability to the entire business process. With a job labor and material budget for every job, actual hours and costs can be compared with the expected budget amount. These reports help management to access the accuracy of estimating and pricing as well as production performance.
Job Cost Analysis Benefits
http://www.homesofokcinc.com/4images/tadalafil/ Gain quick access to accurate reporting exposing costs and the processes behind them informing better management decisions to improve overall profitability. Eliminate guesswork. Focus cost reduction efforts in the correct area that will provide the greatest improvements. Determine if pricing is correct or should be adjusted to better reflect actual costs. Support all manner of business decisions based upon accurate measurements. Eliminate reporting delays caused by manual data gathering.