A financial statement that summarizes a company's assets, liabilities and shareholders' equity at a specific point in time. These three balance sheet segments give investors an idea as to what the company owns and owes, as well as the amount invested by shareholders.
Next is installation. The most common type of roofing material is asphalt shingles, which cost between $120 and $140 per square. Slate and clay tiles, wooden shakes and metal roofs are also options but come with higher prices. For example, metal roofing typically costs between $1,000 and $1,500 per square.
Divide your result by the number of actual hours of work per year to calculate the fully-burdened labor cost for the employee. Continuing with the example, divide $51,600 by 1,960 to get a fully-burdened labor cost of $26.33 per hour. This means the total cost to employ your worker is $26.33 per hour of actual work.