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In Warranty Job Man hours are fixed as per standard time fixed by that respective OEM. Either you used one person or more than one man hours will not excess than standard time.
Yes, there is a standard method to calculate Man Hours.
When planning for a major business project or establishing annual goals, looking at the costs of labor is essential to determining whether you will be able to meet your financial goals. Looking at man hours in terms of standard labor costs and overtime wages helps managers keep budgets accurate and on track. Calculating man hours is often used in preparation for a contract bid, common in the construction industry.