I sell my rugs by the square foot. $6.00 for yarn and $8.00 for fabric. Now, I might tweak it a bit if the price seems a bit high/low dependant upon weight or degree of difficulty. Sometimes I'll just do a flat rate of 5.00 if selling at a bazaar. Here is a web site to convert to sq. ft. http://www.bhg.com/home-improvement ... materials/square-footage-calculator/
It also tells you how to do the math yourself for circles. Hope this helps! ... View related article.
