HH Electric reports the following information. Direct labor rate Non-materials-related overhead Materials-related overhead Target profit margin (on both conversion and direct materials) $ 30 per DLH $ 15 per DLH 5% of direct materials cost 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 $580 in materials? a. Time charge per hour of direct labor b. Materials markup c. Time and materials price 1%