Wasson's Classic Cars restores classic automobiles to showroom status. Budgeted data for the current year are as follows. 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 faciities that destroved most of the accounting records. The accountant remembers that the hourly labor rate was $69 and that the material loading charge was 84%. (a) 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.) Proht margin on labor $ per hour