Product Sample (Miniature Clutch)

For my product sample I made a variation of my clutch in the size of a coin purse or wallet using a different fabric. The cost difference in production is shown below. 

.25 of fabric (7.99)                           $1.99

Trim                                                 $0.30

.25 hours labor @ 9                          $2.25

Total Production Cost                        $4.54

Profit at 30%                                       $1.31

Total cost plus profit                         $5.85

Estimated retail price                       $12.00