Question: please answer part (A2)determine profit amrgin on materials & (A3): determine total price of labor and materials Wildhorse's Classic Cars restores classic automobiles to showroom


Wildhorse's Classic Cars restores classic automobiles to showroom status. Budgeted data for the current year are as follows: The compary anticipated that the restorers would work a total of 10,000 hours this year. Expected parts and materials were. $1,200000 In late January the company expenenced 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 83.808. Your answer has been saved. See score details after the due date. Determine the profit margin per hour on labor. (Round answer to 2 decimal places, eg 15.25.) Profit margin Attempts: 1 (a2) Determine the profit margin on materials. (Round answer to 2 decimal places, eg, 15.25) Profitmarein Attempts 0 of 1 used (a3) The parts of this question must be completed in ordec This part will be aval able when you complete the part above
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