Proctorw
03-19-2013, 08:24 AM
I have had my machine for 7 days now and have cut out a couple of neat patterns. The Cross with the Face of Jesus came out really cool. I have had some people ask me to make them one. My question, how do you price your items. Here is what I was thinking for a 12" cross and a 6" cross. Wood would either be Cherry or Mahogany (about the same price, although the prices below reflect Cherry).
12" Cross my cost for wood is $10.15. For the 6" Cross, $6.77. I figured I would add $1.00 for tung oil finish (2 Coats) and instead of trying to figure out labor (Planing and ripping the wood, making the sled for the crosses which is a 1 time cost) I would charge for machine time. The 12" cross takes 2 hours and the 6" takes about 1.2 hours. I need to figure out what a reasonable charge would be as I would like to make some profit :D. I ran the numbers just to get an idea of what I would charge. For $8.00 per hour of machine time the 12" cross would be $27.23 and the 6" cross would be $16.65. For $12.00 per hour the 12" would be $35.23 and the 6" would be $21.05. At $15.00 per hour the 12" -$41.23 and the 6" - $24.35.
Thoughts are most appreciated.
12" Cross my cost for wood is $10.15. For the 6" Cross, $6.77. I figured I would add $1.00 for tung oil finish (2 Coats) and instead of trying to figure out labor (Planing and ripping the wood, making the sled for the crosses which is a 1 time cost) I would charge for machine time. The 12" cross takes 2 hours and the 6" takes about 1.2 hours. I need to figure out what a reasonable charge would be as I would like to make some profit :D. I ran the numbers just to get an idea of what I would charge. For $8.00 per hour of machine time the 12" cross would be $27.23 and the 6" cross would be $16.65. For $12.00 per hour the 12" would be $35.23 and the 6" would be $21.05. At $15.00 per hour the 12" -$41.23 and the 6" - $24.35.
Thoughts are most appreciated.