Use the information provided to create a standard cost card for production of one glove box switch. To make one switch it takes 17 feet of plastic-coated copper wire and 0.5 pounds of plastic material. The plastic material can usually be purchased for $20.00 per pound, and the wire costs $2.50 per foot. The labor necessary to assemblea switch consists of two types. The first type of labor is assembly, which takes 3.5 hours. These workers are paid $27.00 per hour. The second type of labor is finishing, which takes 1 hours. These workers are paid $30.00 per hour. Overhead is applied using labor hours. The variable overhead rate is $14.80 per labor hour. The foxed overhead rate is $15.50 per hour. Round your answer to two decimal places. Standard Costs