Tutorvo

Cost and Pricing: Full Cost per Piece, Wholesale at a Margin, Retail Rounded with CEILING and a Chart

Lesson 8 of 817 minLab

This lesson is part of the course

In this lesson

You build the full cost of four fictional products from materials, minutes, labour and overhead, set wholesale prices at a target margin, derive rounded retail prices and chart cost against both prices.

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Lessons in this course

  1. Hide Areas: Square Feet to dm² and m², Price per dm² and the Cheapest CutLab14 min Locked
  2. Thickness: Ounces to Millimetres by Lookup, Seam Stacks and the Nearest WeightLab14 min Locked
  3. Usable Yield: Edge Losses and Flaws, Usable %, Cost per Usable dm² and a Pooled YieldLab15 min Locked
  4. Pattern Layouts: Pieces per Hide with INT in Both Directions, the Best Orientation and Hides NeededLab16 min Locked
  5. Stitching: Stitch Counts from Spacing, Thread Length with a Factor and Tails, Spools for a BatchLab15 min Locked
  6. Edges and Hardware: Edge Length to Finish, Edge Coat by the Label, Hardware with SUMPRODUCTLab15 min Locked
  7. Time: Minutes per Step, Set-Up per Batch, Single Piece vs Batch and the Time SavedLab14 min Locked
  8. Cost and Pricing: Full Cost per Piece, Wholesale at a Margin, Retail Rounded with CEILING and a ChartLab17 min Locked