Question: answer c) Your answer is correct. Calculate the rate charged per hour of labour. Ivanhoe Corporation has asked for an estimate on rebuilding its spot

 answer c) Your answer is correct. Calculate the rate charged per
hour of labour. Ivanhoe Corporation has asked for an estimate on rebuilding
answer c)
its spot welder. Cullumber estimates that it would require 40 hours of
labour and $2,300 in parts. Calculate the total estimated bill. (Round onswer
to 2 decimal places, eg. 15.25.) Ivanhoe Corporation has asked for an
estimate on rebuilding its spot welder. Cullumber estimates that it would require

Your answer is correct. Calculate the rate charged per hour of labour. Ivanhoe Corporation has asked for an estimate on rebuilding its spot welder. Cullumber estimates that it would require 40 hours of labour and $2,300 in parts. Calculate the total estimated bill. (Round onswer to 2 decimal places, eg. 15.25.) Ivanhoe Corporation has asked for an estimate on rebuilding its spot welder. Cullumber estimates that it would require 40 hours of labour and $2,300 in parts. Calculate the total estimated bill. (Round answer to 2 decimal places, e.g. 15.25.) Calculate the material loading percentage. (Round answer to 3 decimal places, eg. 15.251\%) (b) X Your answer is incorrect. Calculate the material loading percentage. (Round answer to 3 decimal places, eg. 15.251\%.) Material loading percentage % eTextbook and Media Cullumber Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 are available for Cullumber: The company wants a $30 profit margin per hour of labour and a 30% profit margin on parts. It has budgeted for 7,300 hours of repair time in the coming year and estimates that the total invoice cost of parts and materials in 2022 will be $444,000

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