GREEN BOOK EXAMPLE

THE FOLLOWING IS AN EXAMPLE OF ONE IF THE ITEMS IN THE

"GREEN BOOK"

REPLACE 3" FULL STIRRUP LEATHERS

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	7.25	29.94
	MISC SUPPLIES @ 20% (THREAD-RIVETS-DYE-OIL, ETC.)		5.99
	MATERIALS COST		35.93
	PROFIT OR RETURN ON INVESTMENT ON MATERIALS USED		1.89
	MATERIALS TOTAL COST		37.82
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
	HOURS OF LABOR NEEDED FOR REPAIR TIMES A SHOP RATE OF $ 40.00 PER HOUR	65.20	103.02
	HOURS OF LABOR NEEDED FOR REPAIR TIMES A SHOP RATE OF $ 45.00 PER HOUR	73.35	111.17
	HOURS OF LABOR AT A SHOP RATE OF $47.00 PER HOUR NATIONAL AVERAGE HOUSEHOLD INCOME	76.61	114.43
	HOURS OF LABOR NEEDED FOR REPAIR TIMES A SHOP RATE OF $ 50.00 PER HOUR	81.50	119.32
	HOURS OF LABOR NEEDED FOR REPAIR TIMES A SHOP RATE OF $ 55.00 PER HOUR	89.65	127.47

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