Justin's Custom Electronics (JCE) sells and installs complete security, computer, audio, and video systems for homes. On newly constructed homes, it provides bids using time-and-material pricing. The following budgeted cost data are available: Material Loading Charges Technicians' wages and benefits Time Charges $172,530 Parts manager's salary and benefits $31,280 Office employee's salary and benefits 26,199 10,200 Other overhead 17,892 41,480 Total budgeted costs $216,621 $82,960 The company has budgeted for 6,390 hours of technician time during the coming year. It wants a $33 profit margin per hour of labour and a 100% profit on parts. It estimates the total invoice cost of parts and materials in 2020 will be $680,000. (a) Your answer is correct. Calculate the rate charged per hour of labour. (Round answer to 2 decimal places, e.g. 15.25.) Rate charged 66.9 per hour (b) Your answer is correct. Calculate the material loading percentage. (Round answer to 2 decimal places, e.g. 15.25%.) (c) Material loading eTextbook and Media 112.2 % Attempts: 1 of 3 used * Your answer is incorrect. JCE has just received a request for a bid from R. J. Builders on outfitting a $1.2-million new home. The company estimates that it would require 76 hours of labour and $64,300 in parts. Calculate the total estimated bill. (Round answer to 2 decimal places, e.g. 15.25.) $ Total estimated bill 143364.6