Sunday, August 27, 2006

Pricing Hand Knit Items

A friend who has been in the retail end of the yarn business for years recently reminded me of the formula for pricing handknit items.

Cost of materials plus $0.15 x number of yards = Cost of Hand Knit Items.

1 comment:

Anonymous said...

Sheila,
Thanks for sharing that. In quilting, it's triple the cost of materials. I like the $.15 a mile...er...yard. It gives a pretty reasonable rate. Thanks!