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The company anticipated that the restorers would work a total of 12,000 hours this year. Expected parts and materials were $1,260,000. In late January, the

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The company anticipated that the restorers would work a total of 12,000 hours this year. Expected parts and materials were $1,260,000. 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 $70 and that the material loading charge was 83.25%. Determine the profit margin per houk on labor. (Round intermediate calculations to 2 decimal places, e.g. 10.25 and final answer to 0 decimal places, es. 10) Profit margin on labor perhour eTextbook and Media Attempts: 0 of 5 used (b) The parts of this question must be completed in order. This part will be avaliable when you complete the part above. (c) The parts of this question must be completed in order. This part will be avaliable when you complete the part above

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