Alocal accounting firm employs 27 full time professionals. The budgeted annual compensation per employee is $41,500. The average chargeable time is 400 hours per client on a per hour basis. Other costs are included in a single indirect cost pool, allocated according to professional labor hours. Budgeted indirect costs for the year are $786,000, and the firm expects to have 95 clients during the coming year. If 20 clients are lost and the workforce stays at 27 employees, then the direct labor cost rate per hour