Product Costs Template

Written by CFI Team

Read Time 1 minutes

Over 2 million + professionals use CFI to learn accounting, financial analysis, modeling and more. Unlock the essentials of corporate finance with our free resources and get an exclusive sneak peek at the first module of each course. Start Free

Product Costs Template

This Product Costs Template will help break down the Product Costs into the costs of Direct Material (DM), Direct Labor, and Manufacturing Overhead (MOH). These are the direct costs of producing the product.

Here is what the template looks like:

Product Costs Template Screenshot

Download the Free Template

Enter your name and email in the form below and download the free template now!

Example of Product Costs

Company A is a manufacturer of tables. Its product costs can include:

Direct material: The cost of wood used to create the tables.
Direct labor: The cost of wages and benefits for the carpenters to create the tables.
Manufacturing overhead (indirect material): The cost of nails used to hold the tables together.
Manufacturing overhead (indirect labor): The cost of wages and benefits for the security guards to overlook the manufacturing facility
Manufacturing overhead (other): The cost of factory rent and cost of factory utilities.

More Free Templates

Thank you for reading CFI’s guide to the Product Costs Template. For more resources, check out our business templates library to download numerous free Excel modeling, PowerPoint presentations, and Word document templates.

Additional Resources

CFI is a global provider of financial modeling courses and of the FMVA Certification. CFI’s mission is to help all professionals improve their technical skills. If you are a student or looking for a career change, the CFI website has many free resources to help you jumpstart your Career in Finance. If you are seeking to improve your technical skills, check out some of our most popular courses. Below are some additional resources for you to further explore:

The Financial Modeling Certification

Analyst Certification FMVA® Program

The Financial Modeling Certification

Below is a break down of subject weightings in the FMVA® financial analyst program. As you can see there is a heavy focus on financial modeling, finance, Excel, business valuation, budgeting/forecasting, PowerPoint presentations, accounting and business strategy.

A well rounded financial analyst possesses all of the above skills!

Additional Questions & Answers

CFI is the global institution behind the financial modeling and valuation analyst FMVA® Designation. CFI is on a mission to enable anyone to be a great financial analyst and have a great career path. In order to help you advance your career, CFI has compiled many resources to assist you along the path.

In order to become a great financial analyst, here are some more questions and answers for you to discover:

Excel Tutorial

The Financial Modeling Certification

Launch CFI’s Excel Crash Course now to take your career to the next level and move up the ladder!

Accounting Crash Courses

The Financial Modeling Certification

Boost your confidence and master accounting skills effortlessly with CFI’s expert-led courses! Choose CFI for unparalleled industry expertise and hands-on learning that prepares you for real-world success.