Question: please help Current Attempt in Progress Wildhorse Spoon Service repairs commercial food preparation equipment. The following budgeted cost data is available for 2022 : Wildhorse

Current Attempt in Progress Wildhorse Spoon Service repairs commercial food preparation equipment. The following budgeted cost data is available for 2022 : Wildhorse Spoon has budgeted for 12,200 hours of technician time during the coming year. It desires a $64.00 profit margin per hour of labor and a 40% profit margin on parts. Wildhorse Spoon estimates the total invoice cost of parts and materials in 2022 will be $610,000. Compute the rate charged per hour of labor. (Round your intermediate calculations to 2 decimal places, eg. 52.75. Round final answer to 2 decimal places, eg. 1,525.) Rate charged per hour of labor \$
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