I have been looking at other articles on this topic but don’t see my issue. Any help would be great! The estimated burden rate calculation is correct but not the estimated labor rate
The estimated labor cost for the part is not correct and don’t know what i am missing.
I have a resource group with no setup rate or setup crew.
The estimated production labor rate is $10.13 with the crew size of 1. There is only one operation with 1 piece per hour. When i review the part in engineering workbench the labor estimate for 1 piece is $30.39. I have been reading the estimate labor cost help section and it says Example(s)
- The estimated Production Labor Cost is $30 x 7 hours x 4 shop employees for a total estimated production cost of $840.
What am i missing? Shouldn’t the estimate be $10.13?