Current Attempt in Progress Sandhill Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 are available for Sandhill: Technicians' wages and benefits Parts manager's salary and benefits Office employee's salary and benefits Other overhead Total budgeted costs Time Charges Material Loading Charges $192,240 (a) 56,960 Calculate the rate charged per hour of labour. 28,480 $277,680 $40,260 11,895 18,300 The company wants a $40 profit margin per hour of labour and a 20% profit margin on parts. It has budgeted for 7,120 hours of repair time in the coming year and estimates that the total invoice cost of parts and materials in 2022 will be $366,000. $70,455

Current Attempt in Progress Sandhill Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 are available for Sandhill: The company wants a $40 profit margin per hour of labour and a 20% profit margin on parts, it has budgeted for 7,120 hours of repair time in the coming year and estimates that the total invoice cost of parts and materials in 2022 will be $366,000