Title: Price merchandise and floral design work.
Course: Floriculture (18052-II) > Section: Understanding Marketing and Business Management

Pricing should include

- a cost analysis of floral arrangements
- calculation of the cost of greenhouse crop merchandise
- the ratio mark-up method of pricing
- the percentage mark-up method of pricing
- other methods of pricing merchandise and services.

Process/Skill Questions:

- What is a unit cost of goods?
- What expenses are incorporated into overhead?
- How are retail prices determined, using the ratio mark-up method?
- What other method or methods may be used to price merchandise?
- How can services be priced?
- How is tax calculated?