OK, so I'm ready for the weekend to start . . .
I was reading that article about Dan Voight on the cafe homepage in which he mentions it takes 300 to 400 hours to make a "good" mandolin. That got me thinking, how much is that an hour?
If I use 350 hours, that's 43.8 days at 8 hrs per day or 6.3 weeks (7 days).
So, for a range of selling prices:
Mandolin # # # # #Cost
Selling Price # # #Per Hour
$2,000 # # # # # # $5.71
$4,000 # # # # # # $11.43
$6,000 # # # # # # $17.14
$8,000 # # # # # # $22.86
$10,000 # # # # # $28.57
$15,000 # # # # # $42.86
$20,000 # # # # # $57.14
$25,000 # # # # # $71.43
$30,000 # # # # # $85.71
$35,000 # # # # # $100.00
$40,000 # # # # # $114.29
I'm not trying to make any particular point, just looking at what the implied cost per hour is at various price ranges. At 300 hours a $2K mando would cost $6.67/hr and a $40K mando $133.33/hr. At 400 hours a $2K mando would be $5/hr and at $40K $100/hr.
I imagine different builders take more or less time than 300 to 400 hours depending on materials used, equipment, experience, technique, attention to details, etc.
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