SoftGuide > Functions / Modules Designation > Calculation of cost prices

Calculation of cost prices

What is meant by Calculation of cost prices?

The term "calculation of cost of goods sold" refers to the process of determining all costs incurred by a company in producing a product or providing a service. This includes direct costs such as materials and wages, as well as indirect costs like overhead. The COGS calculation helps determine the minimum price a company must charge to cover its production costs.

Typical software functions in the area of "calculation of cost of goods sold":

  1. Material Cost Calculation: Calculation of material costs based on purchase prices, consumption, and inventory.
  2. Wage Calculation: Calculation of direct labor costs for producing a product or providing a service.
  3. Overhead Allocation: Allocation of indirect costs such as administration, energy, or rent to individual products or services.
  4. Fixed and Variable Cost Calculation: Breakdown of production costs into fixed and variable components for better cost analysis.
  5. Margin Calculation: Calculation of profit margins based on COGS and the selling price.
  6. Cost Forecasting: Generating forecasts for future cost developments based on historical data and market trends.
  7. Reporting: Detailed reports on COGS calculation to support pricing decisions and budget planning.

 

Are you looking for software for your company? We will help you with this challenging task free of charge! We will compare more than 64,000 solutions for you.

Learn more now!

The function / module Calculation of cost prices belongs to:

Calculation

Software solutions with function or module Calculation of cost prices:

MService
MService
 
 
 
 
 
 
All-In-One-Software
LEEGOO BUILDER
LEEGOO BUILDER
 
 
 
 
 
 
CPQ system with calculation, product configuration and document output
OCT planning
OCT planning
 
 
 
 
 
 
Unlimited possibilities for corporate planning at operational level
GEBRA-Suite
GEBRA-Suite
 
 
 
 
 
 
Customized business applications with flexible modules
fi-square
fi-square
 
 
 
 
 
 
The complete solution for manufacturing companies
OPTIMUS
 
 
 
 
 
 
Good software can be so simple
FACTON EPC
 
 
 
 
 
 
Software solution for company-wide standardized product cost calculation
Voracity
Voracity
 
 
 
 
 
 
The most powerful platform for end-to-end data management
PST-BI
 
 
 
 
 
 
Data warehouse, cost accounting, planning, reporting, business analytics for SMEs
myPARM - Multi-project management software
Multi-project management and PPM software
Show all 13 programs with Calculation of cost prices