Exercise 21-09 - (Video) Sheridan Custom Electronics (SCE) sels 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 Time Loading Charges Charges Technicians' wages and benefits 5165,300 Parts manager's salary and benefits $33,700 Office employee's salary and benefits 23,370 12,290 Other overhead 13.680 39,420 Total budgeted costs $202,350 $85,410 The company has budgeted for 5,900 hours of technician time during the coming year. It desires a 599 profit margin per hour of labor and an 80 proton parts. It estimates the tecat invoice cost of parts and materials in 2020 will be 5657,000 Your answer is incorrect. Try again Compute the rue charged per hour of labor (round answer to 2 decimal places. 10.30.) Laborrate per hour VIIMILAR ENERCISE TO TEXT 3. Your antwer is correct Compute the material loading percentage Material fonding percentage 93 SHOW SOLUTION SHOW ANTWER UNT TEXT VIDEO SIMILARESCI Your answer la incorrect. Try again RCE has just received a request for a bid from Bull Builders on a $1,207.000 new home. The company estimates that it would require 90 hours of labor and 144,000 of parts. Compute the total estimated Total estimated 48075 UN TO TEXT VIDEO SIMILARENCE then the Mint Potential Policy set by your instructor