Cost of Production Calculator
The Cost of Production (COP) is provided to you by Australian Wool Innovation Limited (AWI). COP is a key factor affecting the profitability of wool-producing businesses. COP, measured in dollars per kilogram of clean wool, is an indication of the outlay required to produce each kilogram of wool, measuring the efficiency of wool production.
Calculating the cost of production is an important step in assessing flock profitability and a first step to making change.