A drywall mud calculator estimates how much joint compound and tape you need to finish a drywall job, based on the area and how many coats you're putting on. It turns square footage into buckets of mud and rolls of tape — the two things you don't want to run out of mid-coat.
Finishing eats more compound than people expect across tape, fill and finish coats. This uses the standard coverage (about 475 sq ft per 4.5-gallon box for a full tape-plus-three finish) so you buy the right number of buckets.
Compound ≈ 0.13 lb per sq ft for tape + 3 coats (less for fewer coats), based on the standard ~475 sq ft coverage of a 61.7 lb / 4.5-gallon box. Tape ≈ 0.5 linear feet per square foot of board. Mesh vs paper tape and texture work change the figure, so treat it as a buy-this-many-buckets guide.
Finishing 500 sq ft of new drywall to tape + 3 coats needs about 65 lb of compound — roughly two 4.5-gallon buckets — and ~250 ft of tape.