5 of 5 < Wasson's Classic Cars restores classic automobiles to showroom status. Budgeted data for the current year are as follows. Material Time Loading Charges Charges Restorers' wages and fringe benefits $231,000 Purchasing agent's salary and fringe benefits $81,520 Administrative salaries and fringe benefits 52.500 20,000 Other overhead costs 10,500 76,140 Total budgeted costs $294,000 $177,660 The company anticipated that the restorers would work a total of 10,500 hours this year. Expected parts and materials were $1,269,000. In late January, the company experienced a fire in its facilities that destroyed most of the accounting records. The accountant remembers that the hourly labor rate was $71 and that the material loading charge was 83%. Your answer is correct. Determine the profit margin per hour on labor. (Round intermediate calculations to 2 decimal places, eg. 10.25 and final answer to 0 decimal places, eg. 10) Profit margin on labor $ (b) eTextbook and Media per hour Attempts: 1 of 5 used Determine the profit margin on materials (Round intermediate calculations to 2 decimal places, eg. 10.25% and final answer to O decimal places. c. 10%) (b) Determine the profit margin on materials. (Round intermediate calculations to 2 decimal places, eg. 10.25% and final answer to 0 decimal places, es. 10%) Profit margin on materials eTextbook and Media Save for Later Attempts: 0 of 5 used Submit Answer (c) The parts of this question must be completed in peder. This part will be available when you complete the part above. Determine the total price of labor and materials on a job that was completed after the fire that required 150 hours of labor and $62,000 in parts and materials Total price