Cost Per Hour Calculator

Formula

To calculate the Cost Per Hour (CPH):

\[ CPH = \frac{TC}{T} \]

Where:

$ CPH $ is the cost per hour ($/hour)
$ TC $ is the total cost ($)
$ T $ is the total amount of time (hours)

What is Cost Per Hour?

Cost per hour is a term used to describe the cost incurred to perform a specific task or service per unit of time, with time measured in hours. It is commonly used in various business contexts to determine the hourly cost associated with an activity or resource. By calculating the cost per hour, businesses can better understand and manage their expenses and pricing strategies.