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Silver Spoon Service repairs commercial food preparation equipment. The following budgeted cost data is available for 2019: Silver Spoon has budgeted for 10,000 hours of

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Silver Spoon Service repairs commercial food preparation equipment. The following budgeted cost data is available for 2019: Silver Spoon has budgeted for 10,000 hours of technician time during the coming year. It desires a \$54 profit margin per hour of labor and a 40% profit margin on parts. Silver Spoon estimates the total invoice cost of parts and materials in 2019 will be $500,000. Your answer has been swed. See score details after the due date. Compute the rate charged per hour of labor. Ratecharged per hour of latior Attempts: 1 of 1 used (a2) Compute the material loading charge. Material loading charge x

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