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Coronado Industries recently billed a customer $950. Labor hours were 8 and the cost of the materials used was $240. If the company's rate charged

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Coronado Industries recently billed a customer $950. Labor hours were 8 and the cost of the materials used was $240. If the company's rate charged to the customer per hour of labor was $75, what material loading charge was used? O 23% 46% O 80.0% O 160%

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