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Shale Remodeling uses time and materials pricing. It reports the following information: Direct labor rate $ 60 per DLH Non-materials-related overhead $ 30 per DLH

Shale Remodeling uses time and materials pricing. It reports the following information:

Direct labor rate $ 60 per DLH
Non-materials-related overhead $ 30 per DLH
Materials-related overhead 10% of direct materials cost
Target profit margin (both conversion and direct materials) 20%

The time charger per hour of direct labor is:

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