What is Production Cost?

Production cost is the sum of all expenses incurred by a company to manufacture a product or provide a service. It includes raw material costs, direct labor, and manufacturing overhead. Understanding these costs is crucial for pricing, budgeting, and assessing profitability.

Use this calculator to quickly determine your total production cost and cost per unit. Simply enter the costs for raw materials, direct labor, and overhead, along with the total number of units produced.