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.

Get your copy of the Become a Better Cosmetic Chemist workbook

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

http://www.youtube.com/watch?v=k5NvK6IbDcY