Not sure what each product really costs you? Our free Product Cost Calculator adds up raw materials, labor, overheads, wastage and per-unit extras to show your exact cost per unit. It then works out your selling price using a target margin or markup, factors in platform fees and sales tax, and calculates your profit and break-even point. When you’re done, download the full cost report as an Excel sheet or a PDF.
How to Use:
- Enter your product name, choose your currency, and set how many units you are producing in the batch.
- Add your raw materials with the quantity and unit cost of each. Enter a wastage percentage if some material is lost.
- Add labor (hours and hourly rate), overheads for the whole batch (rent, electricity, machines), and any per-unit extras such as packaging or shipping.
- Pick a pricing method: target profit margin, markup on cost, or your own selling price. Add platform/payment fees and tax if they apply.
- Read your results instantly: cost per unit, selling price, profit, margin, break-even units and the cost breakdown chart.
- Click Download Excel or Download PDF to save the report.
FAQs:
Q: What is the difference between margin and markup?
A: Margin is profit as a percentage of the selling price. Markup is profit as a percentage of your cost. A 50% markup equals a 33% margin.
Q: How is break-even calculated?
A: Fixed costs (labor and overheads) are divided by the profit each unit contributes after variable costs and fees. The result is the number of units you must sell to cover all costs.
Q: Can I use it for services or food products?
A: Yes. Treat ingredients or supplies as materials and your time as labor.
Q: Is my data saved or sent anywhere?
A: No. All calculations run in your browser.
