CheeseheadEarl
Elio Addict
Labor cost is already included in the COST, while changes in the cost of labor will affect profit, it doesn't come directly out of it.Hey folks...gonna take a lot more than 100,000 elios to pay for 1500 workers at $20-$25 an hour with benefits.
1500 x 17 an hour...25,500 per hour...x 8 hours....$200,000 a day. they say a $1000 profit?? 204 elios...cutting it close huh..so the profit margin has to go up a bit...options go up 20%...helps a little...and my initial price of a basic elio will be close to $8500.+ and then add about 5% for dmv fees. $9000 for a basic elio...bring extra money for that $800 AMT transmission and $250 for cruise and $200 for tinted glass...$10,500...sounds right!
I suggest taking an accounting class when you make it to high school.