STANDARDS AND PRACTICES: ASMA recommends that leather latigos/tie straps and half-breed latigos should be made from 9/10 oz or heavier premium latigo leather for safety.  Also, it is recommended that no latigos/tie and half-breed straps should be used that are less than 1 1/2" in width, with the exception of a pony saddle that is used on a small pony.  If the pony saddle is to be used on a regular size horse, a standard latigo/tie strap should be used.

AMOUNT	DESCRIPTION	COST	TOTAL
1.09	9/10+ OZ SQ FT  LATIGO LEATHER	7.97	8.69
1	3/8" X 12" LATIGO TIE	0.36	0.36
	MISC SUPPLIES  @ 20% (THREAD-RIVETS-DYE-OIL, ETC.)		1.74
	MATERIALS COST		10.78
	PROFIT OR RETURN ON INVESTMENT ON MATERIALS USED		0.57
	MATERIALS TOTAL COST		11.35
.34	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	13.60	24.95
	HOURS OF LABOR NEEDED TO MANUFACTURE ITEM AT  A SHOP RATE OF  $ 45.00  PER HOUR	15.30	26.65
	HOURS OF LABOR AT A SHOP RATE OF $47.00 PER HOUR     NATIONAL AVERAGE HOUSEHOLD INCOME	15.98	27.33
	HOURS OF LABOR NEEDED TO MANUFACTURE ITEM AT  A SHOP RATE OF  $ 50.00  PER HOUR	17.00	28.35
	HOURS OF LABOR NEEDED TO MANUFACTURE ITEM AT A SHOP RATE OF  $ 55.00  PER HOUR	18.70	30.05

PROCESS	TIMES    (minutes)
CUT	6.00
FINISH ENDS AND EDGE	8.00
DYE EDGES	4.00
MARK AND PUNCH HOLES	2.50
TOTAL MINUTES	20.50
TOTAL HOURS OF LABOR NEEDED TO MANUFACTURE ITEM	0.34

NO	DESCRIPTION	WIDTH	LENGTH	TOTAL
1	STRAP BODY -- 1 3/4" X 72"	1.75	72	126.00
	TOTAL SQ INCHES			126.00
	25% WASTE SQ INCHES			31.50
	TOTAL SQ FT			1.09