Reply by jeffthewoodwacker

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Posted on What's An Average Margin on Lumber and Materials for Your Work?

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603 posts in 3830 days

#1 posted 12-31-2009 02:24 AM

I track all my expenses involved in making each project. As a rule of thumb I normally will double the cost of materials and add to my labor rate to arrive at the final price – this covers the finishing materials, and operating costs. Shipping cost is actual price to ship. I normally will try and purchase hardware that I use all the time in bulk to keep pricing down. Almost all the wood I turn costs me nothing – a tree service that I have developed a good working relationship knows what I like to use and drops the pieces off on my property, or lets me know where to pick them up. For the turned pieces that come from this wood I price based on difficulty of turning, wood used and time involved. Hope this helps.

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