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Cost per Hour in Time Tracker

Cost per hour report option in Time Tracker can be configured on the Display options page accessible from Group settings.
Cost per hour report option shows an additional column with hourly rate
Cost per hour display option in Time Tracker

This option defines whether or not to display an additional column on reports with monetary cost for 1 hour. It is displayed on reports along with cost of individual items. Therefore, when you elect to display cost on reports and set the Cost per hour display option, you will end up with 2 columns: one showing per hour cost, another - total cost of items depending on their duration.
Cost per hour column along with item total cost
Cost per hour column in reports in Time Tracker

Note: to see cost per hour column you must check the Cost box on report options.

Time Tracker User Guide