[Jewelry making - Article 00231] - Re: [Orchid] The cost of holding out

[David S. Geller]

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Hi Larry

    My first question is why you markup material and not labor. Is the
    labor the hourly rate charge or your cost? If labor is your jewelers
    wages PLUS taxes then you'd mark that up. Even if the jeweler is YOU. 

>     From what you said your cost is $400.00 to make. If you're
>     wholesaling for $600, your cost is still $400.00. 

    If you retail it for $1200 your cost is still $400 but YOU could
    make wholesale profit getting rid of it at half retail. 

    I'd still figure your cost at $400.00. 

David Geller


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