HH Electric reports the following information. Direct labor rate $ 87 per DLH Non-materials-related overhead $ 53 per DLH Materials-related overhead 5% of direct materials cost Target profit margin (on both conversion and direct materials) 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 $656 in materials?