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Carla Vista Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 are available for Carla Vista: Time Charges Material Loading Charges

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Carla Vista Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 are available for Carla Vista: Time Charges Material Loading Charges Technicians' wages and benefits $267,050 Parts manager's salary and benefits $43,200 Office employee's salary and benefits 68,670 11.700 Other overhead 22,890 25,200 Total budgeted costs $358,610 $80,100 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 invoice cost of parts and materials in 2022 will be $360,000. (a) Your answer is correct Calculate the rate charged per hour of labour. Rate charged $ 82 per hour Your answer is correct. Calculate the rate charged per hour of labour. Rate charged $ 82 per hour Attempts: 1 of 2 used (b) Calculate the material loading percentage. (Round answer to 3 decimal places, e.g. 15.251%.) Material loading percentage % Attempts: 0 of 2 used Submit Answer Save for Later

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