Enter the cost of the shop job ($) and the hours of the job into the Shop Rate Calculator. The calculator will evaluate the Shop Rate.

## Shop Rate Formula

The following two example problems outline the steps and information needed to calculate the Shop Rate.

**SR = CSJ / H**

- Where SR is the Shop Rate ($/hr)
- CSJ is the cost of the shop job ($)
- H is the hours of the job

## How to Calculate Shop Rate?

The following example problems outline how to calculate Shop Rate.

Example Problem #1:

- First, determine the cost of the shop job ($).
- The cost of the shop job ($) is given as: 4,000.

- Next, determine the hours of the job.
- The hours of the job is provided as: 20.

- Finally, calculate the Shop Rate using the equation above:

SR = CSJ / H

The values provided above are inserted into the equation below and computed.

SR = 4,000 / 20 = 200 ($/hr)

Example Problem #2:** **

For this problem, the variables required are provided below:

cost of the shop job ($) = 8,000

hours of the job = 40

Test your knowledge using the equation and check your answer with the calculator..

SR = CSJ / H** = ?**