Cost of Goods Manufactured Calculator

Cost of goods manufactured also known as COGM is very helpful to check where the money is distributed at the manufacturing process of any business. The cost of goods manufactured can be found out by:

Cost of Goods manufactured = Direct materials cost + Direct labor cost + Factory overhead cost + Opening work in process inventory - Ending work in process inventory

By simplifying the above formula we can say cost of goods manufactured is basically:

Cost of Goods Manufactured (COGM) = Total Factory Cost + Opening Work in Process Inventory - Ending Work in Process Inventory

Our online cost of goods manufactured calculator helps you find the output. Enter the values in the below calculator and click calculate button to find the output.

Direct Materials Cost:
Direct Labor Cost:
Factory Overhead Cost:
Opening Work in Process Inventory:
Ending Work in Process Inventory:
Cost of Goods Manufactured (COGM):

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