Sutton's Electronic Repair Shop has budgeted the following time and material for 2017. Sutton's budgets 4, 500 hours of repair time in 2017 and will bill a profit of $13 per labor hour along with a 20% profit markup on the invoice cost of parts. The estimated invoice cost for parts to be used is $100,000. On January 5, 2017, Sutton's is asked to submit a price estimate to fix a 72-inch flat-screen TV. Sutton's estimates that this job will consume 7 hours of labor and $220 in parts. Compute the labor rate for Sutton's Electronic Repair Shop for the year 2017. (Round answer to 2 decimal places, e.g. 10.50.) Labour rate per $ per hour Compute the material loading charge percentage for Sutton's Electronic Repair Shop for the year 2017. Material loading percentage % Calculate the time-and-material price quotation for fixing the flat-screen TV. (Round answer to decimal places, e.g. 10.50) Total price of labor and material $