please answer number 3 fully, where it says calculate the budget cost of the tasty chicken job

4-21 Job costing, consulting firm. Tavier \& Associates, a consulting firm, has the following condensed budget for 2014 : ASSIGNMENT MATERAL, 139 Taylor has a single direct-cost categary (professional labor) and a single indirect-cost pool (client support) Indirect costs are allocated to jobs on the basis of professional labor cests. 1. Prapare an averview diagram of the job-cesting syatem. Calculate the 2014 budpoted indirect-cost rate for Taylor 8 Associates. 2 The markup rate for peicing jobs is iotended to produce operasing income equal to 10% of revenues. Calculate the markup rate as a percentage of professional labor cests. 3. Tavor is bidding on a consulting job for Tasty Chicken, a fast food chain specialiting in poultry ments. The bodgeted breakdown of profestional labor on the job is as follows: Calculate the budgeted cost of the Tasty Chickan job. How much will Tavlor bid foe the job if it is to earn as target opersting income of lok of revenusi