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Current Attempt in Progress Second Chance Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2020 is available for Second Chance Time

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Current Attempt in Progress Second Chance Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2020 is available for Second Chance Time Charges Material Loading Charges Technics' wakes and benefits $244.900 $ 40,000 Parts manager's salary and benefits Othe employee's salary and benefits Other overhead 71.100 10.960 7.000 24.900 $323.900 $25.920 Total budgeted costs The company desires a $37 profit margin per hour of labor and a 21.00% profit margin on parts. It has budgeted for 7,900 hours of repair time in the coming year and estimates that the totalmolce cost of parts and materials in 2020 will be $ 416.000 Pace Corporation has requested an estimate to rebuild its spot welder. Second Chance estimates that it would require 43 hours of labor and $ 2,000 of parts. Compute the total estimated bill. (Round answer to 2 decimal places, e.g. 10.50.) Total estimated bill ta e Textbook and Media Save for Later Attempts: 0 of 5 used Submit

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