Help with the material loading percentage and total estimated bill please.

Exercise 22-8 Second Chance Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2017 is available for Second Chance Material e Loading Charges Charges Technicians' wages and benefits Parts manager's salary and benefits $229,100 $40,500 Office employee's salary and benefits 55,300 10,735 31,600 20,450 Other overhead Total budgeted costs 316,000 $71,685 on parts It has budgeted for 7,900 hours of repair time in the coming year, and estimates thet the tota invoice cost of parts and materials in 2017 will be $409,000 Your answer is correct. Compute the rate charged per hour of labor. (Round answer to 2 decimal places, e-g. 10.50.) Labor rate 77 per hour LINK TO TEXT