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O.T. How to figure custom rates?
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Posted by Gary Nachtman on May 15, 2007 at 17:43:54 from (65.123.190.51):
Was wanting some openions here. I custome bale hay for some people. Got a different tractor and etc so refiguring what I charge. I know feul, labor, and etc. What I was wondering was like wear and tear, depreation, and that kinda stuff? Some of the dealers will rent out a baler for $4/bale. So I always took that and figured in my time, twine, feul and thats kinda what I used. They wont tell me how they came up with the $4. Im sure that there making money and keeping up wear and tear. Is that too cheap? I got a different tractor this year and kinda have to figure in the wear and tear/ deperation thing for that also. Some people chagre around $10 to bale and $20 for everything @ 2000# bale. I think thats a little high. So I ask how do most people figure deperatoin and wear? Any info would be great...Thanks
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