Loft and Lie

Finished Club

For this example, a shafted club has the cost of the head and shaft as well as some labor and some overhead. A finished club would be worth more since it has more labor and overhead. We take our overhead costs at the end of each year and divide it by the number of clubs produced to get our new overhead rate. Each product is separate (irons, metal woods, putters etc.) so this is easy to do.

please let me know if you agree or disagree