help with problem 6 please

(40 points) 73 Problem 6-Pricing II: 74 75 Redo Home Repair & Remodeling does large remodeling for seniors to stay in their homes. 76 The following budgeted cost data for 2020 is available: 77 78 79 80 81 Craft workers' wages and benefits 82 Manager's salary and benefits 83 Office employee's salary and benefits 84 Other overhead Total budgeted cost Material Time Loading Charges Charges $355,000 $0 $60,000 $ 47,000 $12,000 $18,000 $24,000 $420,000 $96,000 86 87 The company desires a $30 profit margin per hour of labor and 20% profit B8 margin on parts. It has budgeted for 8,400 hours of repair time in the 89 coming year, and estimated that the total invoice cost of parts and 90 materials in 2020 will be $600,000 91 92 Required: 00 87 The company desires a $30 profit margin per hour of labor and 20% profit 88 margin on parts. It has budgeted for 8,400 hours of repair time in the 89 coming year, and estimated that the total invoice cost of parts and 90 materials in 2020 will be $600,000. 91 92 Required: 93 97 94 a. Compute the rate charged per hour for labor. 95 b. Compute the material loading percentage. 96 c. Compute the total estimated bill for Pace. Redo Home Repair & Remodeling estimates the job will require 40 hours of labor and $2,000 of materials. 99 100 (a) 101 98 102 103 104 105