need help with (C)

Current Attempt in Progress Second Chance Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2020 is available for Second Chanc Time Charges $204.400 Material Loading Charges Technicians' wages and benefits Parts manager's salary and benefits Office employee's salary and benefits Other overhead Total budgeted costs 58,400 29,200 $292,000 $40,700 12,340 20,800 $73,840 The company desires a $35 profit margin per hour of labor and a 26,00% profit margin on parts. It has budgeted for 7,300 hours of repair time in the coming year, and estimates that the total invoice cost of parts and materials in 2020 will be $416,000. Your answer is correct. Compute the rate charged per hour of labor. Labor rates 75 per hour Your answer is correct. Compute the material loading percentage. (Round answer to 3 decimal places, s. 10.501X.) Material loading percentage 43.75 eTextbook and Media Attempts: 2 of 3 used Your answer is incorrect. Pace Corporation has requested an estimate to rebuild its spot welder. Second Chance estimates that it would require 39 hours of labor and $2,800 of parts. Compute the total estimated bill. (Round answer to 2 decimal places, e-. 10.50.) Total estimated bill $