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Crane Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 are available for Crane: The company wants a $35 profit margin

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Crane Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 are available for Crane: The company wants a $35 profit margin per hour of labour and a 30% profit margin on parts, It has budgeted tor 7,190 hours of repair. time in the coming year and estimates that the total invoice cost of parts and materials in 2022 will be $430.000. Cullumber Corporation has asked for an estimate on rebullding its spot welder. Crane estimates that it would require 40 hours of labour and $2,800 in parts. Calculate the total estimated bill (Round answer to 2 decimal ploces, eg. 15.25)

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