Day 21 - Calculating Formulation Costs

Welcome to Day 21 of the 30 Days to Become a Better Cosmetic Chemist series

This 30 day challenge is all about giving you lessons and basic exercises that will improve your abilities as a cosmetic chemist.

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In this episode

In today’s program we cover how to figure out the cost of a cosmetic formula.

In this episode you’ll find:

  • Four step method for calculating formula costs
  • Getting your formula to be consistent
  • Obtaining cosmetic raw material costs
  • Calculating component costs
  • Calculating the cost of the complete formula

Today’s challenge

For today’s challenge, I want you to figure out the cost of one of your formulas. Just follow the steps outlined above and you should be able to do it.

Cosmetic Formula Costing Spreadsheet

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