Second Chance Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2017 is available for Second Chance.

			Time Charges			Material Loading Charges
	Technicians' wages and benefits		$251,600				-
	Parts manager's salary and benefits		-				$40,700
	Office employee's salary and benefits		59,200				11,648
	Other overhead		7,400				20,650
	Total budgeted costs		$318,200				$72,998

The company desires a $40.00 profit margin per hour of labor and a 28.00% profit margin on parts. It has budgeted for 7,400 hours of repair time in the coming year, and estimates that the total invoice cost of parts and materials in 2017 will be $413,000.

compute the rate charges per hour of labor.