G
Guest
I need a formula to calculate a Labor dollar amount based on a labor rate of
$95.00 per hour and a shop supply charge equal to 10% of the labor dollar
amount with a minimum shop supply charge of $2.95 and a maximum of $24.95.
Example:
$95.00 x .02 Hours = $19.00.
$19.00 x 10% = $1.90 (does not meet minimum of $2.95)
$19.00 + $2.95 = $21.95 (final result)
$95.00 per hour and a shop supply charge equal to 10% of the labor dollar
amount with a minimum shop supply charge of $2.95 and a maximum of $24.95.
Example:
$95.00 x .02 Hours = $19.00.
$19.00 x 10% = $1.90 (does not meet minimum of $2.95)
$19.00 + $2.95 = $21.95 (final result)