Office employee's salary and benefits Other overhead Total budgeted costs (a) Your answer is correct Compute the rate charged per hour of labor. Labor rate (b) The company desires a $36 profit margin per hour of labor and a 25.00% profit margin on parts. It has budgeted for 7,400 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. eTextbook and Media Your Answer D Your answer is correct. Correct Answer Material loading percentage eTextbook and Media Solution 37.000 Compute the material loading percentage. (Round answer to 3 decimal places, eg. 10.501%) Total estimated bill $ 37.000 5259.000 e Textbook and Media Save for Later 11,620 29.120 44.625 $81,640 Pace Corporation has requested an estimate to rebuild Its spot welder. Second Chance estimates that it would require 43 hours of labor and $3,200 of parts. Compute the total estimated bill. (Round answer to 2 decimal places, eg: 10.50) Attempts: 1 of 3 used Attempts: 3 of 3 used Attempts: 0 of 3 used Submit Answer 4

Pace Corporation has requested an estimate to rebulld its spot weider. Second Chance estimates that it would requitre 43 hours of labor and $3.200 of parts. Compute the total estimated bill. (Round onsaver to 2 decimal places, 2g,10.50J Total estimated bill Second Chance Welding rebullds spot welders for manufacturers. The following budgeted cost data for 2020 ls avallable for Second Chance. The company deslres a 536 profit margin per hour of labor and a 25.005 profit margin on parts. it has budgeted for 7,400 hours of repale time in the coming year, and estimates that the total involce cost of parts and materials in 2020 will be $416,000