Product Cost Estimation Sheet

Student: ______________________________________

 

Product Name: _________________________________

 

Quantity Needed    Unit Cost      Cost Computation & Justification                     Cost ($)

 

1. Materials (from BOM)

1a)___________      _________    ____________________________                     ______

1b)___________      _________    ____________________________                     ______

1c)___________      _________    ____________________________                     ______

1d)___________      _________    ____________________________                     ______

1e)___________      _________    ____________________________                     ______

1f)___________       _________    ____________________________                     ______

 

2. Labor: Total time in hours from Process Charts times wages/hour

2a)__________        _________    ____________________________                     ______

2b)__________        _________    ____________________________                     ______

2c)__________        _________    ____________________________                     ______

2d)__________        _________    ____________________________                     ______

 

3. Tools and Machines (Including Rental & Depreciation Costs)

3a)__________        _________    ____________________________                     ______

3b)__________        _________    ____________________________                     ______

3c)__________        _________    ____________________________                     ______

3d)__________        _________    ____________________________                     ______

3e)__________        _________    ____________________________                     ______

3f)__________         _________    ____________________________                     ______

3g)__________        _________    ____________________________                     ______

3h)__________        _________    ____________________________                     ______

 

4. Energy (Including Gas, Electricity etc.)

4a)__________        _________    ____________________________                     ______

4b)__________        _________    ____________________________                     ______

4c)__________        _________    ____________________________                     ______

 

5. Overhead and Other Costs (Including Profit Margin)

5a)__________        _________    ____________________________                     ______

5b)__________        _________    ____________________________                     ______

5c)__________        _________    ____________________________                     ______

5d)__________        _________    ____________________________                     ______

 

 

TOTAL COST                                                                                           ______