@Soozcat

AAARRRGGGHHH, oh *YES*.

I rarely sell things I've knitted, because I'll have already explained the time costs to whoever's buying, not to mention the yarn costs; and I'm usually 'selling' (i.e. exchanging a knitted item for money or a service, and ALWAYS at a technical loss) to a friend. I *do* often put items into an auction or raffle, when occasionally they'll raise an amount greater than the yarn cost, but nowhere near the labour costs. So if a pair of fingerless mitts goes at £25 (going to charity or other fundraiser, not me!), fair enough.

I used to make cross-stitch keyrings, taught by my brother-in-law; I could sell one just over an inch square for £2.50, easily, though if people asked I would point out that it took me 3 hours to make and would they like to pay £25 instead... (Hourly minimum wage in the UK at the time was just over £7.) I calculated prices for those at just over double the cost of the materials.