FULL SCREEN PRINTER VERSION BACK Exercise 22-8 Second Chance Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2017 is available for Second Chance. NEXT Time Charges $185,000 Material Loading Charges Technicians' wages and benefits Parts manager's salary and benefits Office employee's salary and benefits Other overhead Total budgeted costs 37,000 37,000 $259,000 $40,900 11,548 29,050 $81,498 The company desires a $36.00 profit margin per hour of labor and a 25.00% profit margin on parts. It has budgeted for 7,400 hours of repair time in the coming year, and estimates that the total invoice cost of parts and materials in 2017 will be $415,000. Compute the rate charged per hour of labor. (Round answer to 2 decimal places, e.g. 10.50.) Labor rates per hour LINK TO TEXT Compute the material loading percentage. (Round answer to 3 decimal places, eg. 10.501.) Material loading percentage PRINTER VERSION BACK NEXT Labor rate per hour LINK TO TUT Compute the material loading percentage. (Round answer to 3 decimal places, eg. 10.501.) Material loading percentage LINK TO TEXT Pace Corporation has requested an estimate to rebuild its spot welder. Second Chance estimates that it would require 43 hours of labor and $2,600 of parts. Compute the total estimated bil. (Round answer to 2 decimal places, .g. 10.50.) Total estimated bill LINK TO TEXT