Job Cost Calculator

Job Cost Calculator calculator can be used to estimate the total cost of a job by adding labor, materials, and overhead costs.

Input Parameters

Labor Hours:

Labor Rate ($ per hour):

Material Cost ($):

Overhead Rate (%):

Calculation Results

Calculation Formula

Total Cost = (Labor Hours * Labor Rate) + Material Cost + (Total Cost * Overhead Rate)

Where:
- Labor Hours: Number of hours spent on the job
- Labor Rate: Cost per hour of labor
- Material Cost: Cost of materials used
- Overhead Rate: Percentage of total cost to be allocated as overhead

Total Job Cost:

Job Cost Calculator Calculator Usage Guide

Learn how to use the Job Cost Calculator calculator and its working principles

How to Use the Job Cost Calculator

Enter the number of labor hours spent on the job.
Input the labor rate per hour.
Provide the cost of materials used for the job.
Set the overhead rate as a percentage of the total cost.
Click the "Calculate" button to compute the total job cost.

Understanding the Formula

The calculator uses the following formula to determine the total job cost:

Total Cost = (Labor Hours * Labor Rate) + Material Cost + (Total Cost * Overhead Rate)

This formula ensures that all costs associated with the job are accounted for, including direct labor, materials, and overhead expenses.