Cost Estimator
YOU ENTER INFORMATION ONLY IN THE SHADED CELLS.
These estimates are for the production-intent version of the product AS DESIGNED, not for the way you make your proto
Values for example are entered below. You enter your own values.
Catalog Components (used exactly as purchased; otherwise enter under "custom")
Locking pin
Clamp
Elastic bands
M3x16 SS button-head screw
M3 nylok nut
M3 SS pin
Cup
Rivet
PingPong Ball
Wiffle Ball
Total catalog component costs
Custom Components Material
Base Nylon
Wheel Aluminum
Bumper Rubber
Total raw material costs for custom components
Processing costs for custom components (e.g., injection molding)
Number of units (in box or package) that will fit in a shipping container (8 ft x 8 ft x 40 ft) - show calculations on third w
freight cost
Total number of parts
number of unique custom components
number of unique catalog components
Labor costs (driven by number of parts)
Overhead Costs
Custom parts
Catalog parts
Cost Drivers (DON'T CHANGE THESE)
Ratio of cost to single-unit retail price
Ratio of processing cost to raw material cost for custom component
Labor cost per part
Overhead costs - custom parts
Overhead costs - catalog parts
Cost of shipping container
NOTES:
1 You receive 70 percent of your suggested retail price. For example, if your suggested retail price is $10, you will receive $
NED, not for the way you make your prototype.
Small-Quantity
Retail Price $/unit Qty per Unit Component Cost
0.400 1 0.132
3.000 1 0.990
0.002 3 0.002
0.150 1 0.050
0.050 1 0.017
0.240 2 0.158
0.390 1 0.129
0.030 1 0.010
0.350 1 0.116
0.590 1 0.195
1.797
Mass (kg) Material Cost ($/kg) Raw Material Cost
0.2800 3.00 1 0.840
0.1250 4.00 1 0.500
0.0050 10.00 2 0.100
1.440
1.728
ft x 40 ft) - show calculations on third worksheet 38912
0.206
17
3
8
0.085
0.150
0.080
TOTAL COST 5.41
RETAIL PRICE 14.95 <You set this.
UNIT REVENUE 10.47 70% of your retail price
UNIT PROFIT 5.06 Price - Cost
0.33
1.20
0.005 $/part
0.05 $/custom part #
0.01 $/catalog part #
8000 $/container
ested retail price is $10, you will receive $7. Therefore, your cost must be substantially less than $7 if you are going to make any profit.
<You set this.
70% of your retail price
Price - Cost
are going to make any profit.
Material Uses/Description
Basic iron or steel
High-performance steel
Stainless steel
Aluminum
Magnesium
Copper
Brass
Titanium
PVC Only the cheapest plastic stuff, like pipes and fencing.
Polyethylene/Polypropylene/Polystyrene/PET Most inexpensive plastic products (e.g., milk cartons)
Acrylic/PMMA (i.e. Plexiglas) Crystal clear plastic parts
ABS or Nylon Tough, strong plastic parts
Polycarbonate (i.e. Lexan) Really tough, strong plastic parts; can be clear.
Printed Circuit Board materials (fiberglass/copper) just for the raw board itself
Rubber (e.g., urethane, neoprene)
Paper recycled content
Cardboard recycled content, (density is for non-corrugated)
Structural wood grades - non visible
Visual wood grades
Fabric - nylon or cotton choose fabric weight (often expressed in oz/sq-yd) then estimate mass
Webbing/strapping/rope
Density (kg/m^3) Cost (USD/kg)
7800 1.00
7800 1.60
7800 5.00
2600 4.00
1750 6.00
8900 10.00
8500 8.00
4500 40.00
1400 1.40
940 2.00
1200 2.00
1150 3.00
1200 5.00
2000 20.00
1050 10.00
900 1.25
700 1.25
500 0.30
600 1.00
q-yd) then estimate mass 8.00
8.00
Freight Calculations
A shipping container is 8 ft. x 8 ft. x 40 ft.
Total volume is 2560 cubic-feet
72.5 cubic meters
Packing density 0.95
The Dimensions of the Package for your Product (use either inches or millimeters)
L 3 inches Volume 0.0625 cu-ft
W 3 inches
H 12 inches N in Container 38912
OR
L 100 mm Volume 0.001 cu-m
W 100 mm
H 100 mm N in Container 68867
