Chemists Corner   /     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