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Oriole Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 are available for Oriole: Material Loading Charges Time Charges $272,000 $38,010

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Oriole Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 are available for Oriole: Material Loading Charges Time Charges $272,000 $38,010 40,000 17,195 Technicians' wages and benefits Parts manager's salary and benefits Office employee's salary and benefits Other overhead Total budgeted costs 16,000 24,435 $328,000 $79,640 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 $362,000. (a) ) Your answer is correct Calculate the rate charged per hour of labour. Rate charged $ per hour (b) Your amworks correct STI Calculate the material loading percentage (Round answer to 3 decimal places, s. 15.251%) Material loading percentage Attempts: 1 of 2 used 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, s. 15.25) Total estimated bil $

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