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need help on both please. Open calculator Bonita Industries recently performed repair services for a customer that totaled $500. Somehow the bill was lost and

need help on both please.
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Open calculator Bonita Industries recently performed repair services for a customer that totaled $500. Somehow the bill was lost and the company accountant was trying to recreate the bill from memory. This is what was remembered: NEXT Total bili $540 Labor profit margin 10 Materials profit margin 20% Total labor charges $330 Cost of materials used $140 Total hourly cost $22.5 What was the material loading charge? 37.5% 34.3% 50% 53.7% Click if you would like to Show Work for this question: Open Show Work Multiple Choice Question 85 Sheffield Corp. has the following budgeted costs for the next year: Time Charges $100000 Shop employees' wages and benefits Parts manager's salary and benefits Office employee's salary and benefits Other overhead Invoice cost of parts al materials Total budgeted costs 20000 20000 Material Charges $- 45000 15000 40000 400000 $500000 $140000 The material loading charge to be used next year assuming a 35% markup on material cost is O 80% 56%. 20% by 35%

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