AMOUNT
|
DESCRIPTION
|
COST
|
TOTAL
|
1
|
APPROPRIATE REPLACEMENT STIRRUP LEATHER BUCKLE
|
2.07
|
2.07
|
|
MISC SUPPLIES @ 20% (THREAD-RIVETS-DYE-OIL, ETC.)
|
|
0.41
|
|
MATERIALS COST
|
|
2.48
|
|
PROFIT OR RETURN ON INVESTMENT ON MATERIALS USED
|
|
0.13
|
|
MATERIALS TOTAL COST
|
|
2.61
|
.63
|
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
|
25.20
|
27.81
|
|
HOURS OF LABOR NEEDED FOR REPAIR TIMES A SHOP RATE OF $ 45.00 PER HOUR
|
28.35
|
30.96
|
|
HOURS OF LABOR AT A SHOP RATE OF $ 50.00 per HOUR
NATIONAL AVERAGE HOUSEHOLD INCOME
|
31.50
|
34.11
|
|
HOURS OF LABOR NEEDED FOR REPAIR TIMES A SHOP RATE OF $ 55.00 PER HOUR
|
34.65
|
37.26
|
|
HOURS OF LABOR NEEDED FOR REPAIR TIMES A SHOP RATE OF $ 60.00 PER HOUR
|
37.80
|
40.41
|