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Description
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Formula
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Estimated Yield
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Production Quantity times Yield % equals Yield
Production Quantity Desired divided by Yield % equals Quantity Required on Production Order
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Net Hours per Piece
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(Hrs/Piece divided by Pieces/Hr) divided by Yield % plus (Setup Time divided by Standard Lot Size)
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Direct Cost per Piece
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Net Hours times Direct Rate
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Overhead Cost per Piece
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Direct Cost per Piece times Overhead Factor
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Total Labor Cost per Piece
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(Net Hours times Direct Rate) plus (Net Hours times Direct Rate times Overhead Factor)
-or-
Direct Cost plus Overhead Cost
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Scrap Factor
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Dimensions of Desired Piece divided by Dimensions of Original Piece, converted to %
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Description
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Formula
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Net Quantity per Piece Material
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Quantity Required times Alternate Factor divided by (Divisor times (100 - Scrap Factor)) divided by Yield %
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Material Cost per Piece
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Net Quantity times Unit Cost
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Net Quantity per Piece Subcontractor
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Quantity Required times Alternate Factor divided by Divisor
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Subcontract Cost per Piece
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Net Quantity times Unit Cost
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Total Cost per Piece
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Total Labor Cost plus Total Material Cost plus Total Subcontract Cost
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Direct Cost per Production Quantity
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Production Quantity times (Hours per piece times Direct Rate divided by Pieces per Hour) divided by Yield % plus (Setup Time times Direct Rate)
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Overhead Cost per Production Quantity
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Direct Cost per Production Quantity times Overhead Factor
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