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HH Electric reports the following information. Direct labor rate Non-materials-related overhead Materials-related overhead Target profit margin (on both conversion and direct materials) $ 90 per DLH $ 55 per DLH 5% of direct materials cost 20% a. Compute the time charge per hour of direct labor. b. Compute the materials markup percentage. c. What price should the company quote for a job requiring four direct labor hours and $660 in materials? a. b Time charge per hour of direct labor Materials markup Time and materials price % C