Absorption Costing Calculator
Calculate full product cost using absorption costing by allocating direct materials, direct labor, variable overhead, and fixed overhead to each unit.
Free Costing Calculators
33 toolsUnit cost, BOM, overhead, and variance analysis calculators. Browse our free costing tools below — no sign-up required.
Activity-Based Costing (ABC) Calculator
Calculate cost per activity using activity-based costing. Divide cost pools by activity drivers for precise overhead allocation.
Actual vs Standard Cost Variance Calculator
Calculate total cost variance between actual and standard manufacturing costs. Identify favorable and unfavorable variances quickly.
Appraisal Cost Calculator
Calculate total quality appraisal costs including inspection labor, test equipment depreciation, calibration, and audits. Optimize detection spending.
Batch Cost Calculator
Calculate total batch manufacturing cost including setup, run time, and inspection costs. Determine cost per unit for any production batch size.
Bill of Materials (BOM) Cost Calculator
Calculate total BOM cost by summing each component quantity times its unit price. Accurate costing for manufacturing and procurement.
Cost of Quality Calculator
Calculate total Cost of Quality (CoQ) by summing prevention, appraisal, internal failure, and external failure costs. Optimize quality investments.
Cost per Assembly Calculator
Calculate total assembly cost by summing component part costs, assembly labor, overhead, and testing. Determine complete assembled unit cost.
Cost per Part Calculator
Calculate the total manufacturing cost per part including setup, run time, material, and tooling amortization. Optimize part-level unit economics.
Direct Labor Cost Calculator
Calculate direct labor cost per unit including hours worked, hourly rate, and benefits loading percentage for manufacturing costing.
External Failure Cost Calculator
Calculate total external failure costs including warranty, returns, recalls, liability, and lost goodwill from defects found by customers after shipment.
Indirect Labor Cost Calculator
Calculate indirect labor cost per unit by dividing total support staff wages and hours by units produced for manufacturing overhead.
Internal Failure Cost Calculator
Calculate total internal failure costs including scrap, rework, re-inspection, and downtime from defects found before shipment. Reduce quality waste.
Job Cost Calculator
Calculate total job cost by summing direct materials, direct labor, and applied overhead for a specific manufacturing job or work order.
Labor Efficiency Variance Calculator
Calculate labor efficiency variance (LEV) by comparing actual hours to standard hours allowed at the standard rate. Measure productivity.
Labor Hour Rate Calculator
Calculate the fully loaded labor hour rate including wages, benefits, training, and PPE divided by productive hours per year.
Labor Rate Variance Calculator
Calculate labor rate variance (LRV) by comparing actual vs standard hourly rates times actual hours worked in manufacturing.
Machine Hour Rate Calculator
Calculate machine hour rate by summing depreciation, power, maintenance, and space costs then dividing by available machine hours.
Material Price Variance Calculator
Calculate material price variance (MPV) by comparing actual vs standard purchase price times actual quantity. Key variance analysis tool.
Material Usage Variance Calculator
Calculate material usage variance (MUV) by comparing actual quantity used to standard quantity allowed at standard price per unit.
Overhead Allocation Calculator
Allocate manufacturing overhead to jobs or products using a driver base ratio. Accurate cost assignment for job-order costing.
Overhead Rate Calculator
Calculate the manufacturing overhead rate by dividing total overhead by the allocation base. Essential for job costing and pricing.
Overhead Spending Variance Calculator
Calculate overhead spending variance by comparing actual overhead to the flexible budget. Isolate spending control performance.
Overhead Volume Variance Calculator
Calculate overhead volume variance by comparing budgeted fixed overhead to applied fixed overhead based on standard hours allowed.
Prevention Cost Calculator
Calculate total quality prevention costs including training, process planning, SPC implementation, and supplier qualification. Invest wisely in quality.
Process Cost Calculator
Calculate cost per equivalent unit using process costing. Allocate beginning WIP and current period costs across equivalent units of production.
Raw Material Cost Calculator
Calculate raw material cost including weight, price per unit weight, and scrap allowance percentage for accurate manufacturing costing.
Rework Cost Calculator
Calculate the total cost of reworking defective manufactured units including labor, additional materials, and re-inspection. Track rework expenses.
Scrap Cost Calculator
Calculate the total cost of manufacturing scrap including material value and value added to the point of scrap. Reduce waste and improve margins.
Standard Cost Calculator
Calculate standard manufacturing cost by combining standard material, labor, and overhead components. Essential for budgeting.
Unit Cost Calculator
Calculate manufacturing unit cost by dividing total materials, labor, and overhead by units produced. Optimize per-unit profitability.
Variable Costing Calculator
Calculate product cost using variable costing by including only direct materials, direct labor, and variable overhead. Fixed overhead is a period cost.
Warranty Cost Calculator
Calculate expected warranty cost based on claim rate, average claim cost, and units sold. Budget for warranty reserves and evaluate quality improvement ROI.