Accurately estimating production costs for quoting and budgeting
Total Cost = Material Cost + Processing Cost + Tooling Cost (amortized) + Overhead + Profit Margin
| Process | Material % | Labor % | Machine Rate ($/hr) |
|---|---|---|---|
| CNC Machining | 10-25% | 20-35% | $50-150 |
| Sheet Metal Fabrication | 30-50% | 15-25% | $40-100 |
| Injection Molding | 20-40% | 10-20% | $30-120 |
| Die Casting | 25-45% | 15-25% | $60-200 |
| 3D Printing | 40-60% | 5-10% | $20-80 |