Just a quick informative post -- I realize that alot of questions come up about money and what items to make. As I am a casual player and have not had the time to put into becoming a pro at the Auction house -- I decided to maximize my own profits by looking at what a vendor will pay. Using Thottbot's and Alla's Databases I created a my own database for leatherworking up to skill 200. I will eventually have all of the recipes I can find in there, but so far only to 200 now.
The formula I used was to calculate the cost of an item is the vandor sale value for any "farmed" items -- this includes all leather, hides, scales etc. and the vendor price I pay to buy any mats needed like thread and so froth -- without any Rep discounts.
At first glance, I was shocked by my results. I had thought that most of the items at elast broke even, however, alot of them up to about Skill 40 either lose you precious coppers or only gain you one. Worse here are some of the biggest losers out there:
Murloc Scale Bracers -- 85s 9c deficit -- sell the materials instead. And this is tyo a vendor, not on AH
Deviate Scale Belt -- 47s 42c loss -- again sell the Materials.
However the money makers are:
Dusky leather armor -- 19s 10c profit
Green Whelp Armor -- 12s 73c Profit
Thoughts anyone?