*RAGE NET Question 4 Padong Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2020 are available for Padong Material Loading Time Charges Charges Technicians wages and benefits $192,920 Parts manager's salary and benefits $39,488 Office employee's salary and benefits 44,520 10,125 Other overhead 22,260 28,350 Total budgeted costs $259,700 $77,963 ly The company wants a $30 profit margin per hour of labour and a 30% profit margin on parts. It has budgeted for 7420 hours of repair time in the coming year and estimates that the total invoice cost of parts and materials in 2020 will be $405,000 (a) Your answer is correct. Calculate the rate charged per hour of labour. 65 Rate charged per hour Att (b) Calculate the material loading P Collapse question part swer to 3 decimal places, e.g. 15.251%.) Material loading percentage % LINK TO TEXT Attempts: 0 of The parts of this question must be completed in order. This part will be available whanau.mnlara thanastahova