a) Determine the total price of labour and materials on a job that was completed after the fire that required 135 hours of labour and $60,000 in parts and materials.

profit margin = 38.9 per hour, Profit margin = 76.9%

Cullumber's Klassic Kars restores classic automobiles to showroom status. Budgeted data for the current year are as follows: The company anticipated that the restorers would work a total of 13,800 hours this year and expected that parts and materials would cost $1,203,000. In late January, the company experienced a fire in its facilities that destroyed most of the accounting records. The accountant remembers that the hourly labour rate was $67 and that the material loading charge was 90.00%