FAQ - Where does our information come from? - Costing Expert

FAQ

Our raw material rates come from local material indices, but mostly from local distributors from each of the global regions.

Labor rates come from our local open book studies, local hiring agencies, local Bureau of Labor Statistics from each global region.

Burden Rates come from our local open book studies and predicted calculations based on capital requirements, space requirements, energy consumption and plant utilization assumptions.

Cycle Times are developed based on actual machine operations and are generally considered average times.

Set Up times are based on actual machine requirements and are generally considered average times.

SGA & Profit % are based on a combination of our open book studies and publically available information in annual and quarterly reports from companies specific to an industry.