Cost Estimating Spreadsheet for Products

Cost Center Hours to Wage Factory Direct Direct Factory Material Total
Complete Rate Overhead Labour Labour Overhead Cost Factory
Rate Hours Cost Cost Cost
ManufactuProcess Planning 10
Engineeri Tooling Design $ 13.00 $ 12.00 20 $ 260.00 $ 240.00 $ 80.00 $ 580.00
CC 21 CNC Tapes 10
Machine CNC Machining 201
Shop EDM $ 10.00 $ 8.00 215 $ 2,150.00 $ 1,720.00 $ 2,062.00 $ 5,932.00
CC 22 Wire Cut 14
Test & Assembly 4
Assembly Welding $ 9.00 $ 7.00 4 $ 36.00 $ 28.00 $ 64.00
CC 23 Test
QC Inspection 15
Division Calibration 15 $ 12.00 $ 11.00 33 $ 396.00 $ 363.00 $ 759.00
CC 40 Random Test 3
Total Factory Cost $ 7,335
Contingency Allowance 10% of Factory Cost $ 734
Total Factory Cost $ 8,069
Corporate Overhead Cost based on direct labour cost @ 120% $ 3,410
Total Cost $ 11,479
Profit margin 10% of Selling Price $ 1,275
Selling Price $ 12,754