HH Electric reports the following information.

Direct labor rate	$ 81	per DLH
Non-materials-related overhead	$ 49	per DLH
Materials-related overhead	5%	of direct materials cost
Target profit margin (on both conversion and direct materials)	20%

a. Compute the time charge per hour of direct labor. b. Compute the materials markup percentage. c. What price should the company quote for a job requiring four direct labor hours and $648 in materials?