Abstract

Cost is one of the foundations which the producer and the customer depend
on it to distinction between the products Therefore, we find that efforts are being
made to control the cost of manufacturing a product to satisfy the desire of the
costumer (high quality and less costs) and achieve the objectives of the company.
Used for the purpose of the Estimate the manufacturing product cos tdifferent
mathematical methods such as (the traditional cost estimating method , Activity
based costing estimating method , parametric cost estimating method … ) that
can be used manually to resolve the problems of small and few variables, and use
of computer software to help in solving the big problems. The most accurate
method in estimating the cost of manufacturing product cost becouse its one of quantitative methods to be followed to measure the cost and performance for each
activity, and activating the role of oversight based on the continuous comparison
between what has been achieved in the workplace and the plans and evaluate the
level of achievement.The process of estimating the manufacturing product cost in
a productive firm is done by determining the cost of use the equipment, machines,
tools, employees hours, the information required to produce the products, as well
as the cost of service activities and administrative costs. To utilize from the similar
cost of previous products to make the estimating process with some changes
counting on the type of the material and the complex degree of the product.
The research focuses on studying and estimating the manufacturing cost and
applied it on one of the plastic products made by the General Company of
Electrical Products via using estimating the cost method that depends on the
activities and how they consuming the available resources in the productive firm.
Computers used in designing and creating a computer system, to calculate and
estimate the total cost of the products by using (Visual Basic.net). In addition,
comparing the results of this research with the actual ones in a firm adopting the
hand basis utilized from the accumulated experience of the estimator.