The compuny desires a $34 profit margin per hour of labor and a 20000 profit margin on parts. it has budgeted for 7,400 hours of repair time in the coming year, and estimutes that the total irwoice cost of parts and materials in 2020 will be $392000 Compute the rate charged per hour of labon Laborrate Per hour Compute the material fosine percentage, (Found enwer to 3 decimal ploset, es. 10s01ky) Materialoadins percentoge