GO TO THE FOLLOWING


EXAMPLE
NOTE: EXAMPLE ONLY - DATA IS NOT CURRENT
 REPLACE 3" FULL STIRRUP LEATHERS
STANDARDS AND PRACTICES:  As a matter of policy and safety, ASMA recommends that both stirrup leathers be replaced. The problem that caused one stirrup leather to fail is probably present in the other. Also, the new leather will stretch at a different rate over time and possibly cause more problems later.
MATERIALS LIST AND COSTS   Based on average costs and  times for a saddle maker with 3/5 years of experience
AMOUNT
DESCRIPTION
COST
TOTAL
4.13
SKIRTING LEATHER
10.72
44.27
MISC SUPPLIES  @ 20% (THREAD-RIVETS-DYE-OIL, ETC.)
8.85
     MATERIALS COST
53.13
PROFIT OR RETURN ON INVESTMENT ON MATERIALS USED
2.80
MATERIALS TOTAL COST
55.92

1.63

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
    SHOP RATE OF   $ 40.00 PER HOUR
65.20
121.16
    SHOP RATE OF  $ 45.00  PER HOUR
73.35
129.77
     SHOP RATE OF $49.00 PER HOUR
    NATIONAL AVERAGE HOUSEHOLD INCOME


76.61

134.16
    SHOP RATE OF  $ 50.00  PER HOUR
81.50
137.42
    SHOP RATE OF  $ 55.00  PER HOUR
89.65
145.57

TIMES   Based on average times for a saddle maker with 3/5 years of experience
PROCESS
TIMES    (minutes)
REMOVE OLD STIRRUP LEATHERS
17.00
CUT OUT & MAKE-UP STIRRUP LEATHER
41.00
DYE AND OIL TO MATCH SADDLE
12.00
ASSEMBLE AND RE-INSTALL LEATHERS
28.00
     TOTAL MINUTES
98.00
     TOTAL HOURS OF LABOR NEEDED FOR REPAIR
1.63

MATERIALS LIST
NO
DESCRIPTION
WIDTH
LENGTH
TOTAL
2
STIRRUP LEATHER STRAPS - 3" X 66"
3
66
396.00
     TOTAL SQ INCHES
396.00
          50% WASTE SQ INCHES
198.00
               TOTAL SQ FT
4.13



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