A tool and die worker is paid $33.25 per.hour. The work year consists of 52 40-hour work weeks with 4 required overtime Saturdays. The company allows 8 paid holidays and 10 days of vacation. 4 days of sick leave are also budgeted and have historically been used. Expected non-chargeable hours (non-productive time) are 2%. There is a $1000 bonus subsidy for performance. Non-hourly regulatory costs include FICA taxes (SS and Medicare) at current government rates, worker's compensation at 2% of regular wages up to $40,000, accident insurance sum of $1600, a major supplemental medical plan for $3000, and unemployment insurance of $1800. What is the Gross Hourly Rate, and what percent increase is it over the base, wage of $33.25