Enter the total number of parts and the total production cost ($) into the Calculator. The calculator will evaluate the Part Cost.

## Part Cost Formula

PC = TC/P

Variables:

- PC is the Part Cost ($/unit)
- TC is the total production cost ($)
- P is the total number of parts

To calculate the Part Cost, divide the product cost by the number of parts.

## How to Calculate Part Cost?

The following steps outline how to calculate the Part Cost.

- First, determine the total number of parts.
- Next, determine the total production cost ($)`.
- Next, gather the formula from above = PC = TC / P.
- Finally, calculate the Part Cost.
- After inserting the variables and calculating the result, check your answer with the calculator above.

**Example Problem : **

Use the following variables as an example problem to test your knowledge.

total number of parts = 3000

total production cost ($)` = 1200