Guia de aprendizaje 25. Calculo del costo de materia prima

Summary

This tutorial explains how to calculate the costs involved in producing and selling a product. It focuses on raw material costs, using the example of making keychains to demonstrate how to account for materials like thread, chain, rings, and links. The video emphasizes the importance of including transportation costs in the overall calculation, showing how even small amounts can impact profitability. The speaker suggests a systematic approach, advising viewers to focus on one product at a time and to carefully track all associated expenses, ensuring accurate cost management for better pricing decisions.

Takeaways

• 😀 Understanding costs is essential for determining how much to invest to produce and sell a product.
• 😀 Costs are divided into three categories: raw material acquisition, production process, and sales & marketing expenses.
• 😀 The cost of obtaining raw materials includes not only the price of the materials but also transportation and related expenses like travel or any unforeseen purchases.
• 😀 Calculating raw material costs involves considering the quantity purchased, the price paid, and how many products can be produced with that quantity.
• 😀 It’s important to factor in transportation costs such as bus fare, fuel, or any other expenses incurred while obtaining the raw materials.
• 😀 Publicity costs, such as flyers or business cards, should also be included in your cost calculations when planning your pricing strategy.
• 😀 Legal and administrative costs (e.g., taxes or accountant fees) should be considered to avoid financial surprises later on.
• 😀 If raw material costs are not calculated accurately, you risk pricing your product too low and not being able to reinvest in production.
• 😀 The cost per unit for each raw material is calculated by dividing the total cost of the material by the number of products it can produce.
• 😀 When working with small quantities or large-scale purchases, all relevant costs must be added up to get the true cost per product, including both materials and transportation.
• 😀 Organize your cost calculation process by focusing on one product at a time to avoid overwhelming yourself and to ensure accuracy.

Q & A

What are costs in the context of producing and selling a product?

Costs refer to the financial investments or expenses required to produce and sell a product, including the purchase of raw materials, production expenses, transportation, marketing, and administrative costs.

How can costs be divided when calculating for a product?

Costs can be divided into three main categories: obtaining raw materials, production process costs (including labor and materials), and costs related to selling the product, such as transportation and marketing.

Why is it crucial to calculate costs before setting a price for a product?

Accurate cost calculation is essential to ensure that the price of a product is sufficient to cover the expenses of production and distribution. Without proper cost calculation, you may sell at a price too low to sustain production, leading to financial losses.

What does the cost of obtaining raw materials involve?

The cost of obtaining raw materials includes expenses like purchasing the materials, as well as any additional costs incurred in transporting the materials to the production location, such as shipping fees or travel expenses.

Can transportation costs for raw materials affect the final product's pricing?

Yes, transportation costs directly affect the cost of raw materials. These costs must be allocated across the number of products produced and included in the final price of the product to ensure all expenses are covered.

How do you calculate the cost of raw materials for one unit of production?

To calculate the cost of raw materials for one unit, you need to divide the total cost of the material by the number of units you can produce with that material. This gives you the cost per unit for each raw material.

What role does viaticum or travel expenses play in the cost calculation?

Viaticum or travel expenses, which include the cost of transport, food, or other incidental costs incurred while obtaining raw materials, should be factored into the overall cost of production, as they contribute to the total expenditure for acquiring materials.

How is the cost of transportation allocated to the materials purchased?

The transportation cost is divided equally between all the materials purchased, and then this allocated amount is divided by the number of units that can be produced from each material. This ensures that transportation costs are spread across the units being produced.

What happens if transportation costs are not included in the cost calculation?

If transportation costs are not included, the product might be underpriced, which can result in an inability to cover the total cost of production. This can lead to a situation where, despite selling the product, the business may not generate enough revenue to sustain future production.

What advice is given to those calculating their product's cost for the first time?

The advice is to start with one product at a time. Focus on calculating the cost of materials for that specific product before moving on to others. This approach reduces overwhelm and ensures more accurate calculations for each product.