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Whispering Winds Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 is available for Whispering Winds. The company desires a $30

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Whispering Winds Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 is available for Whispering Winds. The company desires a $30 profit margin per hour of labor and a 26% profit margin on parts. It has budgeted for 7,600 hours of repair time in the coming year, and estimates that the total invoice cost of parts and materials in 2022 will be $384,000. Your answer is correct. Compute the rate charged per hour of labor. Material loading percentage % eTextbook and Media Pace Corporation has requested an estimate to rebuild its spot wering 44 hours of labor and $2,000 of parts. Compute the total estimated bill. (Round answer to 2 decimal places, e.g. 10.50.) Total estimated bill

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