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9 Sarasota Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 is available for Sarasota Technicians wages and benefits Parts manager's
9 Sarasota Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 is available for Sarasota Technicians wages and benefits Parts manager's salary and benefits Office employee's salary and benefits Other overhead Total budgeted costs Compute the rate charged per hour of labor. Labor rate $ eTextbook and Media Material loading percentage eTextbook and Media Time Charges Total estimated bill $260,700 The company desires a $38 profit margin per hour of labor and a 24% profit margin on parts. It has budgeted for 7,900 hours of repair time in the coming year, and estimates that the total invoice cost of parts and materials in 2022 will be $416,000. $ 55,300 eTextbook and Media 15,800 $331,800 Material Loading Charges per hour Compute the material loading percentage. (Round answer to 3 decimal places, eg 10.501%) $40,300 10,660 29,120 $80,080 Pace Corporation has requested an estimate to rebuild its spot welder. Sarasota estimates that it would require 35 hours of labor and $2,000 of parts. Compute the total estimated bill. (Round answer to 2 decimal places, eg 10.50) %
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