Cost Analysis in real situation

 

 

Material Cost

                                                                

No.

Parts

Cost

1

Material

HK$800.00

2

Handle

HK$300.00

3

Motor

HK$500.00

4

Speed Control

HK$800.00

5

Emergency Stop

HK$135.00

6

Box

HK$96.00

7

M-belt

HK$6.00

8

Ball Screw & Nut

HK$2400.00

9

Screw

HK$51.00

10

Bearing

HK$440.00

 

Total:

HK$5528.00

 

Labour Cost

 

Cost of technical labour in Mainland China per month: $800
Duration for manufacturing the product: 1 month
No. of technical labour: 6

= $800 * 1 * 6 = HK$4800.00

 

Design Cost

 

Cost of design engineer: $12000
Duration for designing the whole framework: half month
No. of design engineer: 1

= $12000 * 0.5 * 1 = HK$6000.00

Development Cost

Material Cost

HK$5528.00

Labour Cost

HK$4800.00

Design Cost

HK$6000.00

Total:

HK$16328.00