The formula to calculate the HVAC Labor Rate is:
\[ \text{HLR} = \frac{\text{HL}}{\text{T}} \]
Where:
HVAC labor rate refers to the cost per hour of labor for heating, ventilation, and air conditioning services. This rate is important for estimating the total cost of HVAC projects and services.
Let's consider an example:
Using the formula to calculate the HVAC Labor Rate:
\[ \text{HLR} = \frac{300}{5} = 60 \text{ dollars per hour} \]
This means that the HVAC labor rate for this scenario is $60 per hour.