The hourly wage plus the employee's hourly tax cost plus any fringe benefits or expenses equals the labor rate formula. This can be expressed ... cafes and fast-food restaurants. Multiply the direct ...

Prime costs are all of the costs that are directly attributed to the production of each product. Prime costs are direct costs ...

How do you calculate labor cost for a small business? You won't get an accurate figure if you multiply an hourly rate by the number of hours worked when calculating direct labor costs. In order to ...