Gradebook ORION D able eTextbook nment NEXT erol ERS?ON EACK Question 1 Rey Custom Electronics (RCE) sells and installs complete security, computer, audio, and video systems for homes. On newly const using time-and-material pricing. The following budgeted cost data are available. Material Loading Charges Charges Time Technicians' wages and benefits$145,292 Parts manager's salary and benefits Office employee's salary and benefits 27,562 Other overhead Total budgeted costs $34,100 6,160 15,563 41,401 $188,417 $81,661 The company has budgeted for 5,940 hours of technician time during the coming year. It desires a s 38.88 profit margin per hour of labor and an 80% profit on arts. It estimates the total invoice cost of parts and materials in 2017 will be $671,000. Comoute the rate charged per hour of lator. (Round answer to 2 decdmal places, 30 8) per hour Material loading percentage Inc