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Example 1: If your average monthly labor expense is $40,000 and there are 15 employees: $40,000/2,600 = $15.38 per hour
You can then go one step further and calculate the labor rate per page of printed material. Divide the hourly labor rate by the total number of pages produced per hour. (Note: when you calculate a cost per page, you will always be dealing with a cent or fraction of a cent. I find it more accurate if I express those fractions as four-digit decimals.)
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