RCE has just received a request for a bid from Buil Builders on a $ 1,215,000 new home. The company estimates that it would require 75 hours of labor and $ 39,400 of parts. Compute the total estimated bill. (Round answer to 2 decimal places, e.g. 10.50.)

Total estimated bill

Rey 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 Loading Charges Time Charges Technicians' wages and benefits $ 140,194 Parts manager's salary and benefits Office employee's salary and benefits 23,282 Other overhead 14,081 Total budgeted costs $ 177,557 $ 33,200 12,440 37,686 $ 83,326 company has budgeted for 5,610 hours technicia time during the coming year. desires a $ 37.01 profit margin per hour of labor and an 80% profit on parts. It estimates the total invoice cost of parts and materials in 2017 will be $ 652,000. x Your answer is incorrect. Try again. Compute the rate charged per hour of labor. (Round answer to 2 decimal places, e.g. 10.50.) X Labor rate per hour $