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Bramble Custom Electronics (RCE) sells and installs complete security, computer, audio, and video systems for homes. On newly constructed homes it provides bids using time-and-material

image text in transcribedimage text in transcribedimage text in transcribed Bramble Custom Electronics (RCE) sells and installs complete security, computer, audio, and video systems for homes. On newly constructed homes it provides bids using time-and-material pricing. The following budgeted cost data are available. Material Time Loading Charges Charges Technicians' wages and benefits $192,000 Parts manager's salary and benefits $43,520 Office employee's salary and benefits 48,000 19.200 Other overhead 24,000 53.760 Qu Ana Total budgeted costs $264,000 $116.480 Que Accou The company has budgeted for 8.000 hours of technician time during the coming year. It desires a $38 profit margin per hour of labor and an 80% profit on parts. It estimates the total invoice cost of parts and materials in 2022 will be $896,000. Ques Account Compute the rate charged per hour of labor. (Round answer in decimal t Compute the rate charged per hour of labor. (Round answer to 2 decimal places, e.g. 10.50.) Labor rate eTextbook and Media Compute the material loading percentage. Material loading percentage eTextbook and Media per hour Q Que A RCE has just received a request for a bid on a security and home entertainment system from Buil Builders on a $1.536,000 new home. The company estimates that the job would require 85 hours of labor and $51,200 of parts. Compute the total estimated bill Total estimated bill $ eTextbook and Media

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