How are the Totals on the Repair Estimator calculated?
Disclaimer: FlipperForce does not provide tax, legal, or accounting advice. This report and FAQ are for informational purposes only and should not be soley relied upon for tax compliance. Because IRS rules are complex and subject to change, we strongly recommend consulting with a qualified tax professional or accountant before making business decisions or filing returns.
The Repair Estimator calculates the costs by multiplying the Quantities x the Unit Prices
Labor Total = Quantity x Labor Unit Prices
Material Total = Quantity x Material Unit Prices
Line Total = Labor Total + Material Total
Example:
Asphalt Roofing Total = 20 Squares x $265 / Square
