Question: counting, Fifth Canadian Edition Help System Announcements FREEN PRINTER VERSION BACK Question 4 Padong Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data
counting, Fifth Canadian Edition Help System Announcements FREEN PRINTER VERSION BACK Question 4 Padong Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2020 are available for Padong: Material Loading Time Charges Charges Technicians' wages and benefits $ 192,920 Parts manager's salary and benefits $39,488 Office employee's salary and benefits 44,520 10,125 Other overhead 22,260 28,350 Total budgeted costs $259,700 $77,963 The company wants a $30 profit margin per hour of labour and a 30% profit margin on parts. It has budgeted for 7,420 hours of repair time in the coming year and estimates that the total involce cost of parts and materials in 2020 will be $405,000. Calculate the rate charged per hour of labour Rate charged $ per hour LINK TO TEXT
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