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.
For direct labor, the standard cost is the amount per hour the employee earns plus the cost to the employer for employment taxes and benefits. The standard labor cost per part is calculated by taking the labor cost per hour divided by the parts per hour the employee is able to produce.