Sutton's Electronic Repair Shop has budgeted the following time and material for 2017. 22-6 (Part mission) 22-14 22-2A (Part mission 22-3A (Pa SUTTON'S ELECTRONIC REPAIR SHOP Budgeted Costs for the Year 2017 Material Loading Charges Time Charges sults by Study Shop employees' wages and benefits 99,593 Parts manager's salary and benefits Office employee's salary and benefits Overhead (supplies, depreciation, advertising, utilities) Total budgeted costs 18,095 26,320 144,008 $ 25,400 13,360 19,380 $58,140 Sutton's budgets 4,700 hours of repair time in 2017 and will bill a profit of $ 14 per labor hour along with a 24 % profit markup on the invoice cost of parts. The estimated invoice cost for parts to be used is 102,000