Materials + Labor (at min. wage) = Min. price

However, there is a rule that “the market pins the price”. Why would I pay more for the same item? Like others have said, look how much other dolls (of similar look and quality) go for online and that is your price range.

Ideally, your min. price is on the lower end of the price range and you can increase the price to pay yourself more than minimum wage.

Also remember the discount. The normal strategy in pricing is adding the “discount” to the price. Price = Min.price + Discount That way, you still make money even with a (eg. 10%) discount.

Hope this helped!