Question: Please answer with good presentation Cheyenne Custom Electronics (RCE) sells and installs complete security, computer, audio, and video systems for homes. On newly constructed homes

Please answer with good presentation

Please answer with good presentation CheyennePlease answer with good presentation Cheyenne
Cheyenne Custom Electronics (RCE) sells and installs complete security, computer, audio, and video systems for homes. On newly constructed homes it provides bids using time-and-material pricing. The following budgeted cost data are available. Material Time Loading Charges Charges Technicians' wages and benefits $132,000 Parts manager's salary and benefits $29,920 Office employee's salary and benefits 33,000 13,200 Other overhead 16,500 36,960 Total budgeted costs $181,500 $80,080 The company has budgeted for 5,500 hours of technician time during the coming year. It desires a $38 profit margin per hour of labor and an 80% profit on parts. It estimates the total invoice cost of parts and materials in 2022 will be $616,000. (a) Your answer is correct. Compute the rate charged per hour of labor. (Round answer to 2 decimal places, e.g. 10.50.) Labor rate $ 71 per hour(b) Your answer is correct. Compute the material loading percentage. Material loading percentage 93 % eTextbook and Media Attempts: 1 of 5 used ( c ) RCE has just received a request for a bid on a security and home entertainment system from Bull Builders on a $1,056,000 new home. The company estimates that the job would require 80 hours of labor and $35,200 of parts. Compute the total estimated bill. Total estimated bill $

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