Cost of the project

Cost of the projectThe total cost of the project included materials and operation. In this project, the main materials are Steel and aluminium. Most of the operation costs are negligible and the summary of cost is listed as below.

No.

Item

Qty

Price

Amount

1

Bearing 6010

1

52.5

52.5

2

Bearing 6006

1

17

17

3

Bearing 6003

2

13

26

4

Bearing 6204

1

20.5

20.5

5

Socket Head Screw M16 x 100

2

5.5

11

6

Socket Head Screw M8 x 25

20

0.5

10

7

Mild Steel 5” x 5” x 14”

1

680

680

8

BSMD dia. 3-1/2” x 14”

1

295

295

9

BDMS dia. 2” x 48”

1

295

295

10

Yellow Label Steel dia. 1-1/4” x 48”

1

130

130

11

Yellow Label Steel dia. 2” x 24”

1

165

165

12

Yellow Label Steel dia. 3/4” x 3/4” x 12”

1

20.5

20.5

13

Bearing 6304

1

17

17

14

M5 x 15 Counter-Sink Socket Head Screw

20

0.1

2

15

Yellow Label Steel dia. 2-1/2” x 18”

1

170

170

 

Total

1911.5

The above chart shows the materials cost in the whole project. Actually, we bought more than enough materials to ensure the attachment can be finished regardless of any failure occurred during the manufacturing stage.
Besides, the whole manufacturing process is carried by our own hands without the help from the others. So, we omit the manufacturing cost.