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Free Manufacturing Costing Engine

Bill of Materials (BOM) Calculator & Excel Template

Calculate total unit manufacturing cost (COGS) and export clean Bill of Materials templates to Excel. Roll up multi-component raw materials, scrap waste rates, direct assembly labor, and factory overhead burden.

Industry Presets:

1. Component & Raw Material Schedule

5 Parts
Part #1
Total: $3.26
$
%
Part #2
Total: $4.90
$
%
Part #3
Total: $6.46
$
%
Part #4
Total: $1.21
$
%
Part #5
Total: $2.83
$
%
Total Raw Material Cost (incl. Scrap):$18.67

2. Assembly Labor & Factory Burden

$

Operator wage + payroll taxes.

min

Assembly & inspection duration.

%

Tooling, rent, utilities, depreciation.

%

Wholesale or direct retail target margin.

Unit Cost & Pricing Roll-Up
Unit Manufacturing Cost
$32.74
Total COGS per unit
Suggested Price
$72.75
at 55% gross margin
Direct Material Cost (w/ scrap):$18.67
Direct Labor Cost (14 min @ $42/hr):$9.80
Factory Overhead Allocation (15%):$4.27
Gross Profit per Unit:+$40.01

Free, no signup. Your parts list with live roll-up formulas.

Official Excel System
$7.20$9-20%

Multi-Level BOM & Batch Costing Workbook

Parts master, multi-level BOM with scrap-adjusted line costs, batch labor and overhead costing, and cost per unit.

100% Macro-Free (.xlsx) • Native dynamic formulas
Single-user perpetual license • Zero monthly SaaS
Pre-filled demo workbook + Clean blank sheet
Instant .xlsx Download • Verified IT Safe • Polar Secured

Frequently Asked Questions: Bill of Materials (BOM) & Product Costing

What is the standard Bill of Materials (BOM) format in Excel?

A production-grade manufacturing BOM format in Excel includes: BOM Level (Indented depth 0 for Finished Good, 1 for Sub-assembly, 2 for Component), Item / Part Number, Description, Quantity per Assembly, Unit of Measure (UOM), Scrap Yield % factor, Unit Material Cost, and Extended Line Cost. Formatting the range as an Excel Table (Ctrl + T) allows formulas to auto-expand dynamically as new raw material line items are added.

What is the difference between Single-Level and Multi-Level (Indented) BOMs?

A Single-Level BOM displays only the immediate parent assembly and its direct child components. A Multi-Level (Indented) BOM depicts a full nested product hierarchy: the top-level finished good, sub-assemblies, intermediate components, and all raw materials. Multi-level BOMs are essential when components must be manufactured or sub-contracted before final assembly.

How is manufacturing direct labor burden calculated?

Direct labor is determined by multiplying the assembly worker's total hourly loaded rate (base wage + mandatory payroll taxes + benefits) by the cycle time in hours.Direct Labor Cost = Loaded_Hourly_Wage * (Cycle_Time_Minutes / 60)

How does factory overhead allocation work?

Factory overhead includes indirect production costs that cannot be tied directly to a single unit (e.g. facility rent, CNC machine depreciation, CAD software licenses, quality control supervisors, and shop floor electricity). Most manufacturers allocate overhead either as a percentage of Prime Cost (Material + Labor) or based on machine hours.