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EXAMPLE

 1 3/4 " X  6' LATIGO LEATHER LATIGO/TIE STRAP
     

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.





MATERIALS LIST AND COSTS   Based on average costs and times for a saddle maker with 3/5 years of experience
AMOUNT
DESCRIPTION
COST
TOTAL
1.09
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

TIMES   Based on average times for a saddle maker with 3/5 years of experience
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

MATERIALS LIST
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


Copyright 2005 - 2016 American Saddle Makers Association, Inc.