Total Manufacturing Cost Calculator

Calculate Total Manufacturing Cost (MC)





Formula

The formula to calculate the Total Manufacturing Cost (MC) is:

\[ MC = RM + DL + OH \]

Where:

What is Total Manufacturing Cost?

Total manufacturing cost is the sum of the cost of raw materials, direct labor, and manufacturing overhead. It represents the total expense incurred to produce goods.

Example Calculation

Let's assume the following values:

Using the formula to calculate the Total Manufacturing Cost:

\[ MC = 20,000 + 15,000 + 10,000 = 45,000 \]

The Total Manufacturing Cost is $45,000.