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Vicw Policies Shavattempt Histocy Current Attempt in Progress Wasson's Classic Cars restores classic automoblles to showroom status. Budgeted data for the current year are as

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Vicw Policies Shavattempt Histocy Current Attempt in Progress Wasson's Classic Cars restores classic automoblles to showroom status. Budgeted data for the current year are as follows The compary anticipated that the restorers would work a total of 12.000 hours this year. Expected parts and materials were 31298000 In late fandary, the consany experienced a fire in its facilities that destroyed most of the accousiting recordi, The accountant remembers that the hourlv lator rate wis 368 and that the motecial losding charge was B3\%6 Determine the profit margin per hour on Labor. (Round lntermedlate caiculations to 2 decimal ploces, es. 10.25 and final answer to 0 decimal ploces, es. 10 . Profit margin on labor per hour eTcxtbook and Media Assistance Used Attempts: 1 of 5 used b) Determine the profitmargin on materials. (Round intermediote cakculotions to 2 decimal ploces, es. 10.25% and finol answer to Q decimal ploces, es, 10\%. Determine the profit margin on materials. RRound intermediote calculatlons to 2 decimal places, es 10.25% and final answer to 0 decimal ploces, eg. 100x) Profit margin on materials % eTextbook and Media Assistance Used Attempts: 1 of 5 used (c) Determine the total price of labor and materials on a job that was completed after the fire that required 146 hours of iabor and $64.600 in parts and materiats. Total price 5

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