Oriole's Custom Electronics (OCE) sells and installs complate security, computer, audio, and video systams for homes. On newly constructed homes, it provides bids using time-and-material pricing. The following budgeted cost data are available: The company has budgeted for 5,640 hours of technician time during the comingyear. It wants a $34 profit margin per hour of labour and a 100% profit on parts. It estimates the total invoice coat of parts and materials in 2022 will be $696,000. Calculate the rate charzed per hour of labour. (Round answer to 2 decimal places, e.g. 15.25.) Rate charged per hour (b) Calculate the matarial loading percantape. (Round answer to 2 decimal ploces, e.8. 15.25\%.) Material loadina % eTextbook and Medla Attempts: 1 of 3 used (c) OCE has just raceived a request for a bid from R. L. Builders an outfitting a \$1.2-million new home. The company estimates that it would racuire 84 hours of labour and $31,700.00 in parts. Caloulate the total estimated bill. (Round answer to 2 decimal places, e.g. 15.25.)
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