Blossom'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 10,000 hours this year and expected that parts and materials would cost$1,200,000. 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%. (a) Determine the profit margin per hour on labour. (Round answer to 2 decimal places, e.g. 5.25.)