Wasson's Classic Cars restores classic automobiles to showroom status. Budgeted data for the current year are as follows. Material Loading Charges Time Charges $226,800 HE Restorers' wages and fringe benefits Purchasing agent's salary and fringe benefits Administrative salaries and fringe benefits Other overhead costs Total budgeted costs 43,200 10,800 $280,800 $64,000 20,700 72,600 $157,300 The company anticipated that the restorers would work a total of 10,800 hours this year. Expected parts and materials were $1.210,000 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 $69 and that the material loading charge was 83% (a) Determine the profit margin per hour on labor. (Round intermediate calculations to 2 decimal places, eg. 10.25 and final answer to decimal places, e.g. 10.) Profit margin on labor per hour eTextbook and Media (a) Determine the profit margin per hour on labor. (Round intermediate calculations to 2 decimal places, eg. 10.25 and final answer to decimal places, e.. 10 S SC 6 Proht margin on labor S per hour eTextbook and Media Suve for Later Attempts Oof 5 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above