b) calculate the material loading percentage

Carla Vista Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 are available for Carla Vista: - The company wants a $35 profit margin per hour of labour and a 30% profit margin on parts. It has budgeted for 7,630 hours of repair time in the coming year and estimates that the total imvoice cost of parts and materials in 2022 will be $360,000. Your answer is correct. Calculate the rate charged per hour of labour. Ratecharged s | perhour eTextbook and Media (b) Calculate the material loading percentage, (Round answer to 3 decimal ploces, es. 15.251\%)