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Automatically calculate Sell Price on Product

I don't want my sales people entering Product Price. I want it to be calculated based on a number of custom fields I have added to the product.  I can't figure out how to turn Sell Price into a formula field.  Anyone know how to do this?
Pretty sure you can't, but I'm guessing you could write a validation rule that doesn't allow the price to be different than the pricebook, or maybe write a workflow rule that fires if they don't match and then sets it to match.