MCPCalc

Craft Pricing Calculator

Price handmade goods using materials, labor, overhead, and profit margin.

Scratchpad (not saved)

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Percent of materials + labor

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What This Calculator Does

Price handmade goods using materials, labor, overhead, and profit margin.

It combines Materials Cost, Labor Hours, Hourly Rate, Overhead to estimate Suggested Price, Total Cost, Labor Cost.

Formula & Method

Pricing model: Labor=Hours\cdot Rate, Subtotal=Materials+Labor, Overhead=Subtotal\cdot o, Cost=Subtotal+Overhead, and target price for margin m is Price=\frac{Cost}{1-m}.

Notation used in the formulas: R = Suggested Price; x_{1} = Materials Cost; x_{2} = Labor Hours; x_{3} = Hourly Rate; x_{4} = Overhead; x_{5} = Profit Margin.

Method summary: inputs are normalized to consistent units, core equations are evaluated, then secondary values are derived and rounded for display.

Use this calculator for quick scenario analysis. Start with baseline values, change one driver at a time, and compare how sensitive the results are to each input shown above.

Inputs Used

  • Materials Cost: Used directly in the calculation.
  • Labor Hours: Used directly in the calculation.
  • Hourly Rate: Used directly in the calculation.
  • Overhead: Percent of materials + labor
  • Profit Margin: Used directly in the calculation.

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