A) Compute the rate charged per hour of labor

B)Compute the material loading percentage

C) Pace Corporation has requested an estimate to rebuild its spot welder. Second Chance estimates that it would require 44 hours of labor and $2,500 of parts. Compute the total estimated bill.

Second Chance Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2014 is available for Second Chance. Material Time Loading Charges Charges Technicians' wages and benefits Parts manager's salary and benefits Office employee's salary and benefits Other overhead $266,220 $40,490 62,64010,576 24,723 $75,789 15,660 Total budgeted costs $344,520 The company desires a $32.59 profit margin per hour of labor and a 26% profit margin on parts. It has budgeted for 7,830 hours of repair time in the coming year, and estimates that the total invoice cost of parts and materials in 2014 will be $410,000