What type of costing analysis does Presstimator Budgeted Hourly Rates employ?
“All-Inclusive costing” also referred to as “All-In Costing” or “(Full) Absorption Costing”. It is a form of cost analysis that assigns a representative portion of ALL manufacturing and overhead costs to individual cost centers and products. Presstimator Budgeted Hourly Rates also provides BHRs based on Direct cost and Factory cost basis. – Does this mean that Presstimator Budgeted Hourly Rates will provide me with the all-inclusive costs of operating each piece of equipment and production center in my company, including the owners Porsche and “executive assistant”? Exactly!
