Hub Mu Index of Prices Paid Questions

  • This topic has 1 reply, 2 voices, and was last updated 2 years ago by Charlie Hall.
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    • #3855
      Mike Byland
      Participant

        Hi Charlie,

        Do you have a breakdown of what we should be including in each cost category? The categories are fairly generic and I want to make sure I am calculating them properly.

        For example, I’m assuming SG&A labour goes into other expenses and not labour given the percentages provided in the existing weights.

        Propagative materials- what fits under this category specifically? Would that be purchased plant material?

        Thank you,

        Mike

      • #3857
        Charlie Hall
        Keymaster

          Good question, Mike. The answer is that I do not have such a breakdown. The containers and plastics category should include all plastic-related inputs (containers, greenhouse coverings, plastic labels, POP materials, etc.). Propagative materials includes liners, whips, rooted cuttings, unrooted cuttings, seed, plugs, air layers, corms, bulbs, etc. Purchased materials is not part of this category UNLESS they are subsequently potted up into a larger container (sometimes referred to as pre-finished product) and grown longer for selling later. Plants are are brought in (brokered in) to sell immediately do not fit in this category. And you are correct in that labor includes COGS labor only.

          Let me know if other questions pop up.

          Charlie

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