Labor costs are also classified as fixed costs or variable costs. For example, the cost of labor to run the machinery is a variable cost, which varies with the firm's level of production.

Total Labor Cost (with Contingency) = $1,332.50 + $133.25 = $1,465.75. 6 practical tips for managing construction labor costs. Controlling construction labor costs is crucial for managing project ...

Amid these challenges, the Latino community continues to be a cornerstone of U.S. economic growth and a solution to many of ...

Unit labor costs picked up a lot three years ago, back when labor was in really high demand and wages were spiking. ...

What can a consumer spending pullback do to the job market? Plus: Why the U.S. dollar has been falling and how economists ...

Nothing eats into a quick-service restaurant’s profits faster than labor and food expenses, each accounting for up to 33 percent of a restaurant’s sales, according to the National Restaurant ...

Intangible costs and certain types of labor can be capitalized in addition to fixed, tangible assets. Understanding Capitalized Costs Within a Company .