Price what you know · Module 1, What an hour really costs · Quiz · 5 min

1.4 Check yourself: what an hour costs

Five questions on billable hours, costs and the floor.

1. Which hours go at the bottom of the pricing sum?

2. The example year needs $92,573 collected. Selling fifteen hours a week for forty-six weeks, what does an hour cost?

3. Why is the tax added back on before dividing?

4. What happens to the hourly price when the billed hours drop from 15 to 10 a week?

5. What is the floor for?