Bramble Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 is available for Bramble.

			Time Charges			Material Loading Charges
	Technicians' wages and benefits		$266,000				-
	Parts manager's salary and benefits		-				$40,000
	Office employee's salary and benefits		45,600				10,500
	Other overhead		22,800				28,000
	Total budgeted costs		$334,400				$78,500

The company desires a $35 profit margin per hour of labor and a 26% profit margin on parts. It has budgeted for 7,600 hours of repair time in the coming year, and estimates that the total invoice cost of parts and materials in 2022 will be $400,000.

(a)

Compute the rate charged per hour of labor.

Labor rate

$enter the labor rate per hour in dollars

per hour