How Do You Calculate a Fully Burdened Labor Rate?

Answer

To calculate a fully burdened labor rate, multiply the worker's wage by their total number of hours worked. To be most specific, you should exclude hours of sick leave or paid vacation, and you should include the costs of benefits and bonuses. If a worker does multiple tasks and you need the labor burden rate for just one task, you have to calculate the hours spent on that task.
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