Title: Manipulate pricing formulas for floricultural products.
Course: Floral Design II (18056-II) > Section: Marketing Floral Products

Manipulation should include

- business expenses that must be covered by pricing formulas
- computation of prices using the ratio markup method
- computation of prices using the wholesale pricing method
- computation of prices using the retail cost of goods method
- computation of prices using the nesting method
- analysis of pricing factors for floral rental items.

Process/Skill Questions:

- Are all floral products priced using the same method? Why or why not?
- What is the meaning of the term markup?
- How is profit figured into pricing formulas?