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Profit Margin on labor Profit Margin on materials Total Price The company...

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Accounting

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Profit Margin on labor

Profit Margin on materials

Total Price

The company anticipated that the restorers would work a total of 13,800 hours this year and expected that parts and materials would cost$1,203,000. In late January, the company experienced a fire in its facilities that destroyed most of the accounting records. The accountant remembers that the hourly labour rate was $67 and that the material loading charge was 90.00%. (a) Determine the profit margin per hour on labour. (Round answer to 2 decimal places, e.g. 5.25.) Profit margin per hour eTextbook and Media Attempts: 1 of 3 used (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

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