Title: Calculate retail price for a design.
Course: Floral Design I (18056-I) > Section: Marketing Floral Products

Calculation should include

- a breakdown of materials and wholesale costs
- method of markup (ratio markup, wholesale pricing method, retail cost of goods method, nesting price method)
- showing of mathematical work
- retail price
- recipe writing
- use of FFA Floriculture CDE Floral Arrangement Itemized List of Cost.

Process/Skill Questions:

- How do you compute a price using the wholesale cost of goods method?
- How do you compute the price of an arrangement using the ratio markup method of pricing?
- Why is it important to show your work?
- What is the retail price?
- What pricing method will be best in various situations?
- What is the retail price for an arrangement created in class using a 4.0 markup on fresh flowers, a 3.0 markup on hard goods, and a 30 percent labor and delivery charge?