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Bridgeport Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 is available for Bridgeport Time Charges $268,600 Material Loading Charges Technicians'
Bridgeport Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 is available for Bridgeport Time Charges $268,600 Material Loading Charges Technicians' wages and benefits Parts manager's salary and benefits Office employee's salary and benefits $39,500 71,100 13,540 Other overhead 31,600 29,120 Total budgeted costs $371,300 $82,160 The company desires a $33 profit margin per hour of labor and a 20% 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 Compute the rate charged per hour of labor. Labor rate $ per hour e Textbook and Media Compute the material loading percentage. (Round answer to 3 decimal places, es. 10.501%) Material loading percentage e Textbook and Media Compute the material loading percentage. (Round answer to 3 decimal places, e.g. 10.501%) Material loading percentage % e Textbook and Media Pace Corporation has requested an estimate to rebuild its spot welder. Bridgeport estimates that it would require 36 hours of labor and $2,000 of parts. Compute the total estimated bill. (Round answer to 2 decimal places, eg. 10.50) Total estimated bill e Textbook and Media
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