estimate total cost breakeven profit faq How Does LMN Calculate the Total Cost, Breakeven and Price of an 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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