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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
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 $245,830 Parts manager's salary and benefits $36,860 Office employee's salary and benefits 47,580 16.490 Other overhead 31,720 25,220 Total budgeted costs $325,130 $78,570 The company wants a $30 profit margin per hour of labour and a 25% profit margin on parts. It has budgeted for 7,930 hours of repair time in the coming year and estimates that the total invoice cost of parts and materials in 2022 will be $388,000. (a) Calculate the rate charged per hour of labour. Rate charged $ per hour
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