AMOUNT
|
DESCRIPTION
|
COST
|
TOTAL
|
1.04
|
SQ FT MEDIUM HARNESS LEATHER
|
11.17
|
11.62
|
2
|
5/8" SS OR SB CENTER BAR BUCKLE OF YOUR CHOICE
|
1.26
|
2.52
|
|
MISC SUPPLIES @ 20% (THREAD-RIVETS-DYE-OIL, ETC.)
|
|
2.32
|
|
MATERIALS COST
|
|
16.46
|
|
PROFIT OR RETURN ON INVESTMENT ON MATERIALS USED
|
|
0.87
|
|
MATERIALS TOTAL COST
|
|
17.33
|
.72
|
HOURS OF LABOR NEEDED TO MANUFACTURE ITEM
{ 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 TO MANUFACTURE ITEM AT A SHOP RATE OF $ 40.00 PER HOUR
|
28.80
|
46.13
|
|
HOURS OF LABOR NEEDED TO MANUFACTURE ITEM AT A SHOP RATE OF $ 45.00 PER HOUR
|
32.40
|
49.73
|
|
HOURS OF LABOR AT A SHOP RATE OF $ 50.00 per HOUR
NATIONAL AVERAGE HOUSEHOLD INCOME
|
36.00
|
53.33
|
|
HOURS OF LABOR NEEDED TO MANUFACTURE ITEM AT A SHOP RATE OF $ 55.00 PER HOUR
|
39.60
|
56.93
|
|
HOURS OF LABOR NEEDED TO MANUFACTURE ITEM AT A SHOP RATE OF $ 60.00 PER HOUR
|
43.20
|
60.53
|