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The company anticipated that the restorers would work a total of 10,000 hours this year....

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Accounting

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The company anticipated that the restorers would work a total of 10,000 hours this year. Expected parts and materials were $1,200,000 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 $60.00 and that the material loading charge was 83.80%. (a1) Determine the profit margin per hour on labor. (Round answer to 2 decimal places, eg. 15.25.) Profitmargin $ Determine the profit margin per hour on labor. (Round answer to 2 decimal places, e.g. 10.50.) Profit margin on labor per hour Determine the profit margin on materials. (Round answer to 2 decimal places, e.g. 10.50.) Determine the total price of labor and materials on a job that was completed after the fire that required 160 hours of labor and $59,000 in parts and materials

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