twoclones
ArboristSite Guru
Here is the same breakdown with $100/hr.
20 log pieces ($5.25)
1/2 hour carving and finishing ($50)
T ($50) + M ($6) X 3 = $168
Before, I missed that your equation is flawed. Material expense should be marked up but time should not.
T (0.5 x $100) + [M ($6) X 3] = $68
Even if you marked up material by 400% the retail price would be only $74
I still feel that calculating price according to time and expense should give us the absolute, rock bottom, I'm tired of hauling it around price.