Seems cheap enuff to me Don. Good to see you talking about and on the table price as opposed to a manufacture price.
So you have worked out the difference?
When I was running my business I bashed my head together with my accountant to arrive a reasonable prices in order to make a healthy profit and survive in business.
He came up with a formula which totally shot me out of the water, I thought it would be far to expensive and price me out of the market but it proved to work every time for the business I was in.
And everytime we suffered a price increase we had no choice but to pass that down the line to the consumer, 17 years later we were still using the same proven formula.
Material cost x 2 + 40% of total per metre X 1.5π diameter.
Walter I think is a retired accountant so may be able to shed some light on how to work a formula for yourself