Oriole Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 are available for Oriole: The company wants a $30 profit margin per hour of labour and a 25% profit margin on parts. It has budgeted for 8,000 hours of repair time in the coming year and estimates that the total invoice cost of parts and materials in 2022 will be $3.62,000. Calculate the rate charged per hour of labour. Calculate the material loading percentage. (Round answer to 3 decimal places, e. 15.251\%.) Pharoah Corporation has asked for an estimate on rebuilding its spot welder. Oriole estimates that it would require 40 hours of labour and $2,700 in parts. Calculate the total estimated bill. (Round answer to 2 decimal places, eg. 15.25.)