Current Attempt in Progress Wasson's Classic Cars 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 11,100 hours this year. Expected parts and materials were $1,267,000 The company anticipated that the restorers would work a total of 11,100 hours this year. Expected parts and materials were $1,267,000. In late January, the company experienced a fire in its facilities that destroyed most of the accounting records. The accountant remembers that the hourly labor rate was $71 and that the material loading charge was 83%. (a) Determine the profit margin per hour on labor. (Round intermediate calculations to 2 decimal places, es. 10,25 and final answer to 0 decimal places, es. 10.) Profit margin on labor perhour