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zoom in photo. thumbs up only if all correct Second Chance Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2020 is
zoom in photo. thumbs up only if all correct
Second Chance Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2020 is available for Second Chance Material Time Loading Charges Charges Technicians' wages and benefits $192,400 Parts manager's salary and benefits $39,600 Office employee's salary and benefits 51,800 9,400 Other overhead 14,800 19,600 Total budgeted costs $259,000 $68,600 The company desires a $39 profit margin per hour of labor and 27.00% profit margin on parts. It has budgeted for 7,400 hours of repair time in the coming year, and estimates that the total invoice cost of parts and materials in 2020 will be $p2.000 Your answer is correct. Compute the rate charged per hour of labor. Labor rate 74 per hour LINK TO VIDEO LINK TO TEXT x Your answer is incorrect. Try again, Compute the material loading percentage (Hound answer to 3 decimal places, e.g. 10.5019.) Material loading percentage 17.5 C] Your answer is incorrect Try again Pace Corporation has requested an estimate to rebuild its spot welder. Second Chance estimates that it would require 38 hours of labor and $2,800 of parts. Compute the total estimated bill. (Hound answer to 2 decimal places, ... 10.50.) Total estimated bill 6102.00 Click if you would like to Show Work for this question: Open Show Work Step by Step Solution
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