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I have always thought it would be more transparent to just charge a higher labour rate and materials at cost.
I charge around what you could expect to pay after a quick Google shop around.
Some parts I have found a good supplier and buy in bulk, so make a good markup.
Mostly it's rounding up to the next 25p for easier maths
FWIW I have always thought it would be more transparent to just charge a higher labour rate and materials at cost, but I guess anyone who did would look uncompetitive and lose work.
But day rates are no clearer. Some people are fast and some are slow. Some spend longer looking at internet fiksie forums than actually working.
It’s all a bit of a stressful business compared to buying a fixed price thing from a shop but it’s not a fixed price thing from a shop.