mine is off a little...but if anyone else has a better method of cogs for specific price points...please respond...
Anyone with a Keystoning Chart???
- Thread starter Excptnl
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I have one that I have been using for years. It is only a typed copy, so I'd be happy to fax it to you. It is very easy to use, especially when pricing set pieces.
Palms
Well-Known Member
I decided to go ahead and type this up and save it. So here is what I have been using for years. I find it very helpful and a time saver. I'm sure there are many other ways too.
thanks anyway for your time and effort....It's not what i meant. Keystoning is a formula....a formula that i dont remember. I have charts in my shop showing hom much in flowers for each price point....example...$50 has 34 in flowers retail, etc....
Bingo....now if you can tell me the formula that you used??
20% on the labor and how did you figure out the cost of vase?
now its all coming back to me....i think you're a little high on ur vases...they are supposed to be 10% of the cost of the arrangement....20% or so on labor...
Nevertheless...i really appreciate your time and effort
Josh
I found lost $ when I bought our flowershop in the way labor was calculated.
Here are examples of the right and wrong way to calculate labor (IMO):
If labor is 25%
Wrong:
Total $ per stem flowers, filler, greens + container X 25%
eg. 50 + 10 x 25% = $75
Right:
Total $ per stem flowers, filler, greens + container ÷ .75
e.g. $50 + $10 ÷ .75 = $80
Here are examples of the right and wrong way to calculate labor (IMO):
If labor is 25%
Wrong:
Total $ per stem flowers, filler, greens + container X 25%
eg. 50 + 10 x 25% = $75
Right:
Total $ per stem flowers, filler, greens + container ÷ .75
e.g. $50 + $10 ÷ .75 = $80
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