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Please answer ALL parts of the question. Thank yoi! Sarasota Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 is available

Please answer ALL parts of the question. Thank yoi!
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Sarasota Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 is available for Sarasota. The company desires a $38 profit margin per hour of labor and a 24% profit margin on parts. It has budgeted for 7,900 hours of repair time in the coming year, and estimates that the total invoice cost of parts and materials in 2022 will be $416,000. Compute the rate charged per hour of labor. Compute the material loading percentage. (Round answer to 3 decimal places, e.g. 10.501\%.) Material loading percentage % eTextbook and Media Pace Corporation has requested an estimate to rebuild its spot welder. Sarasota estimates that it would require 35 hours of labor and $2,000 of parts. Compute the total estimated bill. (Round answer to 2 decimal places, e.g. 10.50.) Total estimated bill $

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