Accounting · Management Accounting

A company manufactures a product that requires 4 hours per unit of machine time. Machine time is a bottleneck resource as there are only 10 machines available for 12 hours per day, 5 days per week. The product has a selling price of $130 per unit, direct material costs of $50 per unit, labour costs of $40 per unit, and factory overhead costs of $20 per unit. Operating expenses are constant. What is the throughput accounting ratio (TPAR) for the product (to two decimal places)?