9.

HH Electric reports the following information. Direct labor rate Non-materials-related overhead Materials-related overhead Target profit margin (on both conversion and direct materials) 584 per OLH $51 per DLH 5% of direct materials cost 20% a. Compute the time charge per hour of direct labor. b. Compute the materials markup percentage. c. What price should the company quote for a job requiring four direct labor hours and $652 in materials? \begin{tabular}{|l|l|} \hline a. Time charge per hour of direct labor & \\ \hline b. Matenals markup & \\ \hline c. Time and materials price & \\ \hline \end{tabular}