he company desires a $35 profit margin per hour of labor and a 30% profit margin on parts. It has budgeted for 7.800 hours of repair ime in the coming year, and estimates that the total invoice cost of parts and materials in 2022 will be $392,000. Compute the rate charged per hour of labor. Labor rate perhour eTextbook and Media 6 Your answer is incorrect. Compute the material loading percentage. (Round answer to 3 decimal places, eg. 10.501\%.) Material loading percentage % Pace Corporation has requested an estimate to rebuild its spot welder. Bramble estimates that it would require 36 hours of labor and $2,000 of parts. Compute the total estimated bill. (Round answer to 2 declmat ploces, eg. 10.50.) Total estimated bill