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 0.4 pounds of plastic material. The plastic material can usually be purchased for $21.00 per pound, and the wire costs $2.40 per foot. The labor necessary to assemble a switch consists of two types. The first type of labor is assembly, which takes 3.4 hours. These workers are paid $26.00 per hour. The second type of labor is finishing, which takes 2 hours. These workers are paid $28.00 per hour. Overhead is applied using labor hours. The variable overhead rate is $14.80 per labor hour. The fixed overhead rate is $15.50 per hour