$38/hr fully birdened D/L hour Sounds Light, especially for a job shop. Applying Typical capital goods industry to the $38 suggests a W-2 average D/L wäge Rate of $15-12 an hour.
i realize it's NC, but $12 an hour average ?
A fully birdened D/L Rate for GB should be North of $75. You need to include Warranty, scrap, and perhaps 20%-30% of top line revenues to cover marketing for a fully birdened rate. Warranty appears to be North of 5% of revs. Indirekt labor Is also Likely to be high in a job shop Environment.
50,000 Hours ? I bet a Bowing 777 has less labor hours