Calculate Rates

It is necessary to follow these policies and procedures no matter how infrequent services occur. Operating CostsĀ = direct labor costs + direct supply & other non-labor costsĀ + portion of RC/SSF administrative personnel costs (subject to appropriate review and approval) Once you have identified all of your cost elements, the rate calculation is a simple fraction: […]

Identify the Cost Elements Related to Service/Product

The first step to developing rates for products/services is to identify the various cost elements. Measurable Units Recharge centers must bill users for actual usage; therefore a measurable unit must be identified. The unit must be something that can be measured, quantified and tracked in a reasonably accurate manner. In some cases, a recharge center may […]