Saving Calculator for Gas Manifolds - Rexarc International Inc.

Saving Calculator

What is the average hourly wage rate? *i

X To calculate the average wage rate, add all the hourly rates together for the operators who use cylinders and then divide that by the total number of workers. AWR = Total Wages/Total Workers If you’re not sure what hourly rate to use, learn what the average wage rate is for positions in your state by clicking here: https://onetonline.org

What is the Overhead cost factor? *i

X The hourly overhead cost factor calculation varies from company to company. Generally, this includes items such as insurances (liability, health, life, Short/Long term disability, etc..), vacation, other paid-time off, ????? as well as what it costs for electricity. All of these are added together and then divided by WHAT??? 2080hrs????

Production Hour Cost: i

X Similar in nature, but different, sometimes this is confused with a ‘shop-rate,’ which is what is charged to customers for the labor of services. ‘Shop-rate’ often includes a mark-up to account for profit margin when quoting. This only calculates the cost, so you may actually be more impacted by the results than our report provides!

Total Number of Cylinders Changed per Week *:

Production hours lost per year changing cylinders:

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I acknowledge that these recommendations are based on the data that I have provided. Rexarc is not responsible or liable for decisions made and/or equipment installed as a result of this tool being used. Rexarc employees and other representatives may use my contact information to follow up on my provided data in order to verify project needs, communicate news and product information, as well as to solicit orders. Rexarc will use provided data for internal use only and will not sell data to any third parties.

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