Wassons 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			$220,500
	Purchasing agent's salary and fringe benefits							$68,000
	Administrative salaries and fringe benefits			52,500				20,900
	Other overhead costs			21,000				76,200
	Total budgeted costs			$294,000				$165,100

The company anticipated that the restorers would work a total of 10,500 hours this year. Expected parts and materials were $1,270,000. 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 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

$Type your answer here

per hour

Determine the profit margin on materials. (Round intermediate calculations to 2 decimal places, e.g. 10.25% and final answer to 0 decimal places, e.g. 10%.)

Profit margin on materials

Type your answer here

%

Determine the total price of labor and materials on a job that was completed after the fire that required 151 hours of labor and $61,800 in parts and materials.

Total price

$Type your answer here