Cost: 2gp rounded (1gp, 8sp, 3cp) Weight: 4lbs.
The Alchemist's Supplies are a set of simple materials used to create potions, elixirs, oils, and other concoctions. The standard set includes:
The Portable Alchemy Lab is a more expensive, elaborate toolset that may be purchased to enhance one's options during alchemy.
The supplies are sufficient in which one could craft simple oils and potions, given they have empty vials or flasks available to be filled.
Those with proficiency with the Alchemist's Supplies would also add said proficiency towards any Intelligence (Arcana) checks involving the identification of materials crafted through alchemical means, such as potions and oils.
The information provided above are largely derived from Xanathar's Guide to Everything, however, I elaborate here regarding my homebrew content for alchemy.