CALCULATOR FULL SOUFEN PRINTER VERSION TRACK NEXT Exercise 21-09 Rey Custom Electronics (RCE) sells and installs complete security, computer, audio, and video systems for homes. On newly constructed homes it provides bids using time-and-material pricing. The following budgeted cost data are available Material Loading Charges Time Charges Technicians' wages and benefits no benefits $133,400 Parts manager's salary and benefits Office employee's salary and benefits 25,520 Other overhead 12,760 Total budgeted costs $171,690 $34,200 17,180 44,040 $95,420 The company has budgeted for 5.300 hours of technician time during the coming year it desires a 38 profit marga per hour of labor and an 30 estimates the total invoice cost of parts and materials in 2020 will be $734,000. profit on parts. It Compute the rate charged per hour of labor. (Round answer to decimal places, eg. 10.50) Labor rate per hour Compute the material loading percentage. Material loading percentage LINK TO TEXI RCE has just received a request for a bid from Bull Builders on a $1.219.000 new home. The company estimates that it would require 30 hours of labor and $35.000 of parts. Compute the total estimated bill Total estimated Bill Click if you would like to show Work for this questions Open Show Work