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Manufacturing Calculators

Production Cost Calculator

Cost per unit from materials, labour, machine time and overhead, including scrap losses.

Enter values

Results update as you type.

Result

Cost per good unit

$10.85

Cost before scrap
$10.53
Scrap cost per unit
$0.33
Cost per 1,000 units
$10,850.52

About the Production Cost Calculator

Cost per unit from materials, labour, machine time and overhead, including scrap losses.

Also known as: manufacturing cost, cost per unit produced, unit production cost.

How to use this calculator

  1. Enter material cost per unit, labour minutes per unit, labour cost per hour, machine cost per hour and the other fields.
  2. The result updates instantly as you type — press Calculate (or Enter) at any time.
  3. Review the breakdown shown under the main result.
  4. Use Copy result or Share to save the answer or send a link with your inputs.

Formula

Unit cost = (material + labour + machine + overhead) ÷ (1 − scrap rate)

Worked example

Using the values pre-filled in the calculator above:

  • Material cost per unit = 6.2
  • Labour minutes per unit = 4
  • Labour cost per hour = 22
  • Machine cost per hour = 35
  • Machine minutes per unit = 2.5
  • Overhead per unit = 1.4
  • Scrap rate = 3 %

the calculator returns:

  • Cost per good unit: 10.85
  • Cost before scrap: 10.53
  • Scrap cost per unit: 0.33
  • Cost per 1,000 units: 10,850.52