Estimate CNC machining cost per part and total order cost using cycle time, setup time, machine rate, material, tooling, labor, overhead and profit margin.
How do I calculate CNC machining cost? Combine machine time, setup, material, tooling and other direct costs. Add overhead, then apply the desired profit margin.
Why does quantity matter? Setup costs are distributed across the number of parts. Producing more identical parts can therefore reduce setup cost per part.
What is CNC machine hourly rate? It is the cost assigned to one hour of machine operation. Businesses may calculate it from equipment ownership, depreciation, maintenance, energy, facility and other expenses.
What is cycle time? Cycle time is the time required to produce one part, normally excluding separate setup time.
Should setup time be included? Yes. If setup is required for the order, its cost should normally be included in the job estimate.
How should material waste be calculated? Enter the expected percentage increase over the nominal material cost per part. For example, 10% waste makes an $8 material cost become $8.80 per part.
What is the difference between markup and profit margin? Markup is normally calculated as a percentage of cost. Profit margin is calculated as a percentage of selling price. This calculator uses profit margin.
Does the calculator include tooling? Yes. Enter tooling cost per part. Tooling can also be estimated separately and allocated across a batch.
Does CNC machining cost include programming? Not automatically. Programming can be entered as part of setup or another cost component if required.
Does this calculate a customer selling price? Yes. Enter a profit margin and the calculator estimates the selling price required to achieve that margin after the listed costs and overhead.
What costs are commonly missed in CNC estimates? Inspection, deburring, fixturing, programming, tool wear, scrap, secondary operations, finishing, packaging and administrative costs are common additional considerations.