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Understanding Total Cost, Breakeven, and Total Price in an Standard/Service Estimate

When looking at one of your Standard or Service estimates in LMN's Estimating module, under the Workareas + Pricing tab (or Services + Pricing tab, for Service estimates), you will notice three tiles beside the total amount of "Man Hrs" within the estimate labeled as Total Cost, Breakeven, and Total Price.

total_cost__breakeven__total_price.png

*The picture posted above is an example of the Total Cost, Breakeven, and Total Price tiles located in every Standard or Service estimate within your LMN's estimating module*

These tiles provide a snap shot of the estimate's direct job costs, the estimate's job costs + overhead recovered, and the total price the customer will pay for the project or service.

Total Cost: this field is calculated based on the total of all direct job costs associated with the estimate.

Breakeven: this field is calculated base on the total of all direct job costs associated with the estimate + the amount we marked up the direct job costs to recover the company's overhead.

Total Price: this field is calculated based on the total of all direct job costs associated with the estimate, + the amount we marked up the direct job costs to recover the company's overhead, + the desired profit margin's markup.

If you require further assistance, please contact us by using LMN's Live Chat or by calling 1-(888)-347-9864 during our support hours (7:30 AM to 6 PM EST, Monday through Friday).

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