All the costs that come along with the cost of the handicraft should be added to arrive at the proper rate. While calculating the cost of production, fixed and variable costs should be considered. Fixed cost basically includes cost of wages, machinery, rent, etc while variable cost includes cost of transportation, storage cost and so on. After calculating the approximate price of the production of the handicrafts, you can add costs that you will have to incur while you’re exporting. Additional costs include loading charges, freight charges, clearing charges, forwarding charges, insurance charges, dock charges, duties and taxes, factor in discounts and so on. After determining the markup and the margin rate, set the prices of handicrafts.