MESSAGE MY IETRUCTOR FULL SCREEN PRINTER VERSIOI ercise 22-8 (Part Level Submission) cond Chance welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2017 is available for Second Chance. Material Loading Charges Charges Time Technicians' wages and benefits Parts manager's salary and benefits Office employee's salary and benefits71,100 Other overhead Total budgeted costs $237,000 $39,100 9,169 19,300 $347,600 $67,569 39,500 he company desres a $34.00 profit margin per hour of labor and a 21.00% profit margin on parts. It has budgeted for 7,900 hours of repar time stimates that the total invoice cost of parts and materials in 2017 will be $386,000. the coming year, and