Coronado Custom Electronics $($CCE$)$ 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.

$\backslash$table$[[,$Time Charges,Material Loading Charges$],[$Technicians$\text{'}$ wages and benefits,$$141,600,-],[$Parts manager's salary and benefits,$-,$$$34,100],[$Office employee's salary and benefits,$27,140,6,160],[$Other overhead,$15,340,40,260],[$Total budgeted costs,$$184,080,$$$80,520]]$

The company has budgeted for $5,900$ hours of technician time during the coming.year. It desires a $$39$ profit margin per hour of labor and an $80\%$ profit on parts. It estimates the total invoice cost of parts and materials in $2020$ will be $$671,000.($b$)$

$E$

Your answer is incorrect.

Compute the material loading percentage.

Material loading percentage $$

$\%$