Bacon Financial Advisors provides accounting and finance assistance to customers in the retail business. Bacon has four professionals on staff and an office with six clerical staff. Total​ compensation, including​ benefits, for the professional staff runs about​ $575,000 per​ year, and normal billable hours are​ 8,200 hours per year. The professional staff keep detailed time sheets organized by client number. The total office and administrative costs for the year are​ $754,000. What is the direct labor rate for the professional​ staff? (Round your answer to the nearest​ cent.)