Cost price by work-order

Summary

In order to analyze your cost price, open an existing order and select the ‘'Cost’' tab.

Under it, you will find three calculations:

• Calculation of cost price
  This calculation includes every material for this work-order only, the labour cost (based on the estimated time per product - note that it’s only the budgeted time and not a real punched time, which is available only with the processor), and the margin percentage you’re aiming for, giving you a suggested retail price.

• Gross profit margin
  The gross profit margin is the margin percentage you are actually making, based on the order’s selling price versus the calculation of cost price.

• Calculation of retail price
  This calculation takes into consideration the retail price and calculates your earnings by subtracting the cost price and the appliable expenses fees.

Details

While you’re still under the ‘'Cost’' tab, you may make a deeper analysis of your cost price by clicking on the ‘'details’' button.

A new window fill open, allowing an extensive analysis of the different factors impacting your cost price, each under their own tab:

• Labour cost
  Labour cost break down by product and workstation

• Material cost
  Material cost breakdown per product

• Fixed expenses
  Fixes expenses per product (configurable in the product or category file)

• Variable expenses
  Selling fees per product (configuration in the product or category file)

• Suggested global price
  The retail price suggested per product (configurable in the product file)

• Detail price displayed
  The price displayed on the order