Triple Switch produces switches for under cabinet lighting. A cost study for one switch has produced the following results: Plastic coated wire: 16 feet Plastic forming material: .5 pounds Plastic coated wire can be purchased from Wire Arena [the preferred vendor} for $2.50 per foot. Plastic forming material can be purchased from Wrap Around, Inc. (the preferred vendor} for $23 per pound. In the assembly department, direct labor is paid at a rate of $2? per hour. Each switch uses 3.5 hours of assembly labor. In the nishing department, direcdt labor is paid at a rate of $29 per hour. Each switch uses 2 hours of nishing labor. Variable overhead is determined to be $14.90 per labor hour and fixed overhead is $15.60 per hour. Overhead is applied using labor hours. Create a standard cost card for production of one switch