Bill of Materials Cost Calculator
Work out material cost per unit and for a production run from a list of components, quantities and unit costs.
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What is the Bill of Materials Cost Calculator?
The Bill of Materials Cost Calculator works out the material cost of a product. Enter the product name, the number of units to make, and each component with its quantity per unit and unit cost. It reports the cost of every component, the cost per unit and the total material cost. It runs in your browser, so nothing is uploaded.
How to use it
- Enter the product name and the number of units you plan to make.
- Type one component per line as component | qty per unit | unit cost.
- Read the cost per component, per unit and for the whole run.
- Copy the report into your costing sheet.
Bill of Materials Cost Calculator — FAQ
Does this include labour and overheads?
No. It covers material cost only. Add labour, overheads and margin separately when you set the selling price.
Can quantities be fractions?
Yes. A quantity such as 1.5 metres of fabric per unit works, and the totals are multiplied through.
How is the total worked out?
Each component line is quantity per unit times unit cost, the lines are added for the cost per unit, and that is multiplied by the units to make.