Finance
Job Work Costing Sheet
Calculate job work costs including material, labor, overheads, and profit margins with this costing template.
Download Template
Microsoft Excel Format • Free Download
What's Included in This Template
- ✓Raw material cost calculation (with scrap adjustment)
- ✓Cycle time and machine hour rate
- ✓Labor cost allocation
- ✓Consumables and tooling cost
- ✓Overhead absorption rate
- ✓Profit margin markup
Know Your True Costs
Many job work units underprice their services because they ignore overheads or tooling costs. This sheet helps you build a price from the bottom up.
What to Include in Costing
- Direct Material: The raw material (net of scrap recovery).
- Direct Labor: Operator wages + benefits.
- Machine Cost: Electricity, depreciation, and maintenance.
- Overheads: Rent, supervisor salary, office expenses.
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