This repair consists of replacing the steel rivet that hold the stirrup bar to the tree on an English saddle, if both are to be replaced add an additional 30% to the costs below.
CAUTION: This repair requires a high degree of training and should not be attempted by the average saddle maker.
MATERIALS LIST AND COSTS – Based on average costs and times for a saddle maker with 3/5 years of experience
AMOUNT
|
DESCRIPTION
|
COST
|
TOTAL
|
1
|
MINIMUM CHARGE
|
1.00
|
1.00
|
|
MISC SUPPLIES @ 20% (THREAD-RIVETS-DYE-OIL, ETC.)
|
|
0.20
|
|
MATERIALS COST
|
|
1.20
|
|
PROFIT OR RETURN ON INVESTMENT ON MATERIALS USED
|
|
0.06
|
|
MATERIALS TOTAL COST
|
|
1.26
|
3.90
|
HOURS OF LABOR NEEDED FOR REPAIR
{ The shop rate is the total of your hourly wage and an hourly rate to cover your overhead costs }
|
SHOP RATE TOTAL
|
MATERIALS
&
SHOP RATE
TOTAL
|
|
HOURS OF LABOR NEEDED FOR REPAIR TIMES A SHOP RATE OF $ 40.00 PER HOUR
|
156.00
|
157.26
|
|
HOURS OF LABOR NEEDED FOR REPAIR TIMES A SHOP RATE OF $ 45.00 PER HOUR
|
175.50
|
176.76
|
|
HOURS OF LABOR AT A SHOP RATE OF $ 50.00 per HOUR
NATIONAL AVERAGE HOUSEHOLD INCOME
|
195.00
|
196.26
|
|
HOURS OF LABOR NEEDED FOR REPAIR TIMES A SHOP RATE OF $ 55.00 PER HOUR
|
214.50
|
215.76
|
|
HOURS OF LABOR NEEDED FOR REPAIR TIMES A SHOP RATE OF $ 60.00 PER HOUR
|
234.00
|
235.26
|
TIMES – Based on average times for a saddle maker with 3/5 years of experience
PROCESS
|
TIMES (minutes)
|
DIS-ASSEMBLE
|
56.00
|
REPAIR STIRRUP BAR
|
65..00
|
RE-ASSEMBLE
|
113.00
|
TOTAL MINUTES
|
234.00
|
TOTAL HOURS OF LABOR NEEDED FOR REPAIR
|
3.90
|
|