factory-manufacturing-operationsmanufacturing-cost-management

True Manufacturing Cost: Direct Labour + Materials + Overhead Allocation

6 August 2025·Updated Sept 2025·10 min read·GuideIntermediate
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Key Takeaways

True manufacturing cost is not just materials and direct labour. Overhead — rent, utilities, indirect labour, depreciation, insurance — must be allocated to each product to give an accurate picture of unit cost and product-level profitability. Most SMB factories get this wrong.

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📊 By The Numbers
25%38%40%31%£360,000
Key Takeaways
  • True manufacturing cost is not just materials and direct labour.
  • Overhead — rent, utilities, indirect labour, depreciation, insurance — must be allocated to each product to give an accurate picture of unit cost and product-level profitability.
  • Most SMB factories get this wrong.

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