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Current Attempt in Progress Blossom Spoon Service repairs commercial food preparation equipment. The following budgeted cost data is available for 2022 : Blossom Spoon has
Current Attempt in Progress Blossom Spoon Service repairs commercial food preparation equipment. The following budgeted cost data is available for 2022 : Blossom Spoon has budgeted for 10,200 hours of technician time during the coming year. It desires a $54.00 profit margin per hour of labor and a 40% profit margin on parts. Blossom Spoon estimates the total invoice cost of parts and materials in 2022 will be $510,000. Compute the rate charged per hour of labor. (Round your intermediate calculations to 2 decimal places, e.g. 52.75. Round final answer to 2 decimal places, e.g. 1,525.) Rate charged per hour of labor $ eTextbook and Media Attempts: 1 of 5 used a2) Compute the material loading charge. Material loading charge % Your answer is incorrect. Blossom Spoon has received a request from Lime Corporation for an estimate to repair a commercial fryer. The company estimates that it would take 20 hours of labor and $6,560 of parts. Compute the total estimated bill. Total estimated bill eTextbook and Media
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