I agree. Ya can’t do percentages without the costs. If I bought a $100 Costco guitar and put $150 Schallers tuners on it, the hardware alone is more than 50%. But if I put those Schaller tuners on the $850 neck above, the percentage is a lot less. You have to start with a BOM, price it out, and then tabulate the percentages.
But for the purposes of how Fender does it, its not based on the cost of the components, just how much they contribute to the finished product.
If you put a $199.00 neck on a Stratocaster vs. a $699.00 neck, the percentage of completeness doesn’t change, at least not in my head anyways.
