Use the information provided to create a standard cost card for production of one glove box switch. To make one switch it takes 15 feet of plastic coated copper wire and 0.4 pounds of plastic material. The plastic material can usually be purchased for $21.00 per pound, and the wire costs $2.50 per foot. The labor necessary to assemble switch consists of two types. The first type of labor is assembly, which takes 3.5 hours. These workers are paid $26.00 per hour. The second type of labor is finishing, which takes 1 hours. These workers are paid $28.00 per hour. Overhead is applied using labor hours. The variable overhead rate is $14.90 per tabor hour. The fixed overhead rate is $15.50 per hour. Round your answer to two decimal places. Standard Cost