Factory Costing System
Know your real cost before you quote it.
What is Factory Costing System?
The Avantix Factory Costing System calculates what each product actually costs to manufacture. It builds cost from the bill of materials, allocates labour and overhead against production, produces a per-product cost breakdown, and analyses margin on quotations before they are issued. It is built for manufacturers who currently price from estimates rather than measured cost.
The problem Factory Costing System solves
Many factories price from experience and a percentage markup. That works until material prices move or product mix changes — at which point some products are quietly sold below cost, and nobody can identify which ones.
| Costing basis | Bill of materials with multi-level assemblies |
|---|---|
| Cost components | Material, direct labour, allocated overhead |
| Analysis | Per-product breakdown, margin analysis, multi-product comparison |
| Output | Costing reports and quotation support |
| Demo | Live demonstration available online |
Capabilities
Bill of Materials (BOM) costing
Product cost built from actual material consumption and current prices, including multi-level assemblies.
Labour & overhead allocation
Direct labour and factory overhead allocated to products on a defensible basis rather than a flat percentage.
Product cost breakdown reports
Cost decomposed into material, labour, and overhead so it is clear where the cost sits.
Quotation & margin analysis
Margin checked against real cost at quotation time, before the price is committed.
Multi-product cost comparison
Products compared side by side to identify the genuinely profitable lines.
Services behind Factory Costing System
Factory Costing System — common questions
What does the Factory Costing System calculate?
The full manufactured cost of each product: material cost from the bill of materials, direct labour, and allocated factory overhead — presented as a breakdown so it is clear which component drives the cost.
How does it help with quotations?
It checks margin against real calculated cost at the point of quotation, so a price is committed knowing the actual margin rather than assuming a standard markup covers it.
Is there a demo available?
Yes, a live demonstration of the Factory Costing System is available online, so you can see how BOM costing and margin analysis work before discussing a deployment.
See Factory Costing System on your own operation
We will walk through Factory Costing System against your actual process and tell you honestly whether it fits or whether a custom build serves you better.