How to allow for overheads in cost plus work
Today we’re going to learn about how to allow for overheads when calculating cost plus work. Knowing how to do this will help keep your business profitable and will ensure all your hard work pays off. As in some previous topics in this series, using an example will help to demonstrate how this is done. So follow along and remember, you can always call me if you have any questions.
Below is a simple Profit and Loss statement for a company.
|Cost of Sales|
|Labour + Materials||$50|
|Rent & Phone||$20|