Product Cost Calculator
Costing is the process of calculating and assigning costs to various elements of your business.
Use the following form to calculate all your product costs and get your Break Even prices
Step 1. Calculate your fixed costs
Fixed costs are all the costs which remain costant even when production volume changes.
Step 2. Estimate your monthly variable costs
Variable costs are those which change with your level of production e.g. baking ingredients. If you are a wholesaler or retailer, this is the total cost of stock that you expect to buy and sell in that month. If you are a manufacturer this is the cost of your raw materials or inputs.
Step 3. Calculate your fixed cost Charge
We've calculated your fixed cost charge for you. This is a percentage of your fixed costs that will be added to the cost of each product.
P.S. You don't need to do anything here. Just review and then proceed to the next step
Step 4. Choose a costing mode
Select your type of business. This will help us identify the best way to calculate your costs
Step 6. Get your total cost
Thank you for using our cost calculator. We hope it gave you a better understanding of your costs. If you found it useful please share it with a friend