TGIFF – Costing Sheets
A few weeks ago, I had the pleasure of publishing an article on the Sew Mama Sew website about the cost of a baby quilt. It was an exhilarating experience for lil’ Miss Me, and the comments so many of you left on the article were spot on, providing lots of food for thought. It made me so hungry I had a glass of champagne! Well, now I want to update you with what has happened since then: it has sold for my asking price of $259.09 AUD! See, it can be done!
I provided my costing sheet to the buyer to clearly show the high costs associated with making a quilt, even one as simple as this. I won’t break down all of the rationale behind each section (you can go to the original article for that), but suffice to say, the buyer completely appreciated this document. I’m confident that this clarification is what made the asking price easier to swallow, and made the sale happen.
(UPDATE: The numbers-savvy Leanne from She Can Quilt (who not so ironically is co-hosting a math-themed Decipher Your Quilt series) found a small mistake in the costing sheet. The “Production” sub-total wasn’t summing the “Sewing Binding” cost. The corrected versions are available to download from the same links below. You can easily adjust it yourself as well. Thanks Leanne!)
Because of that, I want to give these costing sheets to you! I’ve provided two formats, a Microsoft Excel 97-2004 Workbook, and an Apple Numbers Spreadsheet. Download one, have a play, and then use it with your next quilting project. If it worked for me, it’s sure to work for your own brand of fabulousness! If you do use my costing template, I’d love to hear how it works out for you!
Linking up with TGIFF!
Show me the Benjamins.