Optimize your calculation: How to calculate the machine hourly rate

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hourly machine rate calculation

Calculating the machine hourly rate is a central component of cost calculation in manufacturing and mechanical engineering. A precise hourly machine rate enables companies to realistically calculate production costs, offer competitive prices and operate profitably in the long term. But how do you calculate the machine hourly rate correctly?

What is the machine hourly rate?

The machine hourly rate describes the costs incurred per hour of machine use. It includes not only direct operating costs such as energy consumption, but also indirect costs such as maintenance, repairs, depreciation and personnel costs for operating the machine. In order to calculate the exact hourly machine rate, various cost factors must be taken into account.

Factors for calculating the hourly machine rate

Firstly, the acquisition costs of the machine play a significant role. These are depreciated over the service life of the machine and influence the costs per hour. Regular maintenance and repair costs must also be taken into account, which influence the operating costs in the long term. Energy consumption varies depending on the type of machine and is another key factor that determines the hourly machine rate.

The personnel costs for operating the machine must also be included in the calculation. These include not only wages, but also other social costs arising from operation. In addition, the useful life of the machine and its utilization play a decisive role. A machine that is only used sporadically incurs higher hourly costs, as the fixed costs have to be spread over fewer operating hours. On the other hand, a machine that is well utilized leads to lower costs per hour as it is used more efficiently.

How is the hourly machine rate calculated?

The hourly machine rate is calculated by allocating all relevant costs to the planned useful life of the machine. The most important costs include the acquisition costs, which are depreciated over the service life of the machine, as well as maintenance and repair costs. Added to this are the energy costs for operation and the personnel costs for operation and monitoring. The total sum of these costs is then divided by the effective operating time of the machine to determine the exact machine hourly rate.

The precise calculation of the hourly machine rate is of great importance for companies. It helps to realistically record production costs and calculate competitive prices on this basis. If the hourly machine rate is set too low, the company may suffer losses because the actual costs are higher than the planned revenue. If, on the other hand, the hourly rate is calculated too high, potential customers could be deterred, which could have a negative impact on the company's competitiveness.

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