Wasson's Classic Cars restores classic automobiles to showroom status. Budgeted data for the current year are as follows Time Charges Material Loading Charges Restorers' wages and fringe benefits Purchasing agent's salary and fringe benefits Administrative salaries and fringe benefits Other overhead costs Total budgeted costs $216,300 41,200 10,300 $267,800 $63,970 20,800 72,660 $157,430 The company anticipated that the restorers would work a total of 10,300 hours this year. Expected parts and materials were $1,211,000 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 84% Determine the profit margin per hour on labor. (Round intermediate calculations to 2 decimal places, e.g. 10.25 and final answer to 0 decimal places, e.g. 10.) Profit margin on labor per hour LINK TO TEXT Determine the profit margin on materials Round intermediate calculations to 2 deci al places, e 10 25% and fina ans er to Odec ma pace, e 10%, Profit margin on materials LINK TO TEXT Determine the total price of labor and materials on a job that was completed after the fire that required 160 hours of labor and $62,300 in parts and materials Total price Click if you would like to Show Work for this question: Open Show Work