qu32 chap 9

Calculate the material loading percentage. (Round answer to 3 decimal places, e.g. 15.2518.) Material loading percentage % eTextbook and Media Ivanhoe Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 are available for Ivanhoe: The company wants a $30 pront marigin per hout of iabour and a 202 profit margin on parcs it has budgeted for 2,000 hours of repaif. time in the comingyear and estimates that the totat invoice cost of parts and materials in 2022 will be $350,000