Tupper Tincture

Step 1: Estimate the time spent per batch Sieving the liquid: ~10 minutes Filtering through cheesecloth: ~10 minutes Pressing to extract liquid: ~10 minutes Bottling tinctures: ~15 minutes Total time spent: 45 minutes (0.75 hours) Step 2: Labor cost per batch Your labor rate is $60/hour. Labor cost for 0.75 hours = $60 × 0.75 = $45 per batch. Step 3: Labor cost per tincture Each batch produces 10 tinctures. Labor cost per tincture = $45 ÷ 10 = $4.50 per tincture. Step 4: Update the total production cost Vodka cost per tincture: $2.50 Bottle cost per tincture: $1.58 Labor cost per tincture: $4.50 Total production cost per tincture: $2.50 + $1.58 + $4.50 = $8.58 per tincture Step 5: Pricing with profit margin Profit margin: Multiply the production cost by 2x to 3x. Suggested retail price per tincture: $8.58 × 2 = $17.16 $8.58 × 3 = $25.74 Final Recommendation: Price range: $17–$26 per tincture Ideal price: Around $20 for a competitive yet profitable rate