If this is going to be a product, I have to be able to sell it and make some money. Typically the markup would be something like 3-4 the COGS. Since I'll sell it online only, I can get away with 2x. So, looking through all the components, how much can I estimate for a sale price?

This assumes 10 strips per unit, a 100 foot line, and power supply. It's just raw materials and not time or shipping. That means even if I purchase in bulk, I'm going to have a cost of goods sold around $100 assuming the labor involved is not too time consuming. After the first tests, it might take an hour per set of 10, so $100 for COGS seems reasonable. That means I have to sell these strips for $200 in order for it to make sense. They are pretty cool, but most dumb light sets (LED) sell for $30 or less, so I'd have to show a lot more value. I don't know. Maybe people will buy them. I'll have to work on marketing.