Tag: labor cost

Blog | jnadealerprogram.com

Obviously, it’s a must for your company to learn how to measure direct labor costs. But inaction, what does the direct labor cost formula look like? Let’s presume you own a marketing agency and for an upcoming client campaign, you’re trying to measure your direct labor costs. You intend to put a graphic designer, a copywriter, and a project planner on the project, and since it’s a big project, you want each team member to devote 50 hours to managing the launch of the campaign in the coming week. First Step: Define expenses for hours [more]